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Rising Star
Update.. SS KPO employees have moved out of Syntel Airoli campus to Bandra Kurla building of State Street Office.
Happened last weekend...
I have also heard from a genuine source that 2000+ employees are leaving by next month end.
How does it matter? They anyways don't have projects
I feel there are more than 200 people serving notice. I can see farewell mails everyday
Rising Star
Agreed..
Rising Star
Bench 150 approx are being asked to resign.. Layoffs.. Could be more too.
Rising Star
Understand the chronology my friend..
They are ONLY reducing and laying off Offshore folks..
They eventually want this to be an Europe based organization only...
Rising Star
Europe by far has been anti offshore.
Atos has a product based culture, they weren't an IT company before.
The operating margins that IT companies gain from Offshore resources, is not being leveraged by Atos.
Atos has a culture of hiring Contractors at high rates.
To cover a debt of 1.6 Billion, they will do repeated layoffs and hire from outside at Premium price.
This will continue, other projects will go & people will fet terminated
Rising Star
Does anyone know ehats the offshore total employees strength now.
This is happening in Atos or Eviden?
Just apply for Accenture