How is the job security at HSDI Pune, I have an offer but concerned on couple of forums heard regarding lay offs

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There is no layoffs

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Thank you, that’s reassuring 😊

It’s really concerning that a lot of outsiders feel that HSBC is laying off, however a lot of tech teams in HSBC have 70-80% contractor resources and the number of contractors are always being rebalanced, the count of FTE always remain constant

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I am not sure Sir if they were contractors or FTE, not much but with the offer and couple of folks (anonymous) on this forum( Fishbowl) made comments that either they or their acquaintances or friends were laid off, was it recently or in past I am not sure of it, raised some concerns so needed some clarity that’s all 👍🏻

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You will search about layoff you will see post for each company. Those employees who are fired because of performance issue or anything else will definitely spread rumours about their company. No one will give money to employees who is not doing work at all so they will definitely lay off them. If you are doing your job properly and you are in well established company like hsbc, you will nt get laid off that's for sure.

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Not that much good company to join

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