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Do big MNCs also fire like this ?

Salary for Associate Manager at DXC with 10 YOE?
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Tell them that you have an another offer and want to resign but you need to serve your notice period but it can be negotiated because you have not started working on the project. Other option is abscond but which I don't recommend
abscond is the easiest one ..its no harm
Why are you resigning when they are just matching your current offer.
there is no thing like blacklisting. they can only have their personal blacklist which you shouldn't worry about