Thread regarding Syntel Inc. layoffs

No one expects firms to hold on to a large headcount when their business is shrinking and major account are being lost to overly aggressive competition. Instead of moving into bankruptcy situation by holding people they don't need, it is wise to let them go and keep the firm financially sound to take advantage of future opportunities. As such this company was known to call back people fired from bench if there is major gain in business and projects. In the past even chronic non performers were politely asked to resign in the system. However this time around things seems to have been mishandled to extent the employee-management relationship got a battering and work environment vitiated, leading to a lot mistrust between lower level employees and managers, this indicates a possible conflict among upper middle and higher management groups. Situation seems to have been misused by the middle management (sr PM, DM and DD's) to settle personal scores and sabotage careers of potential challengers within company. (Like insurance vertical recommending firing of people who joined their vertical in the last 2 years from other vertical like retail, lLogistics, retails and banking,while retaining their own folk who may be chronic non performer working delivery admin roles for ages) layoff are painful to handle both for company and employee. Considering the typical mentality of other IT companies in india, of not willing to hire people who are not currently working, laid off people are often insulted and rejected without proper evaluation and exploited even when hired. On the contrary in USA this process is not painful as hiring of fired people is not a taboo as in India. In USA failure and failing is accepted a normal thing. Time is better spent learning new things than wasting time running around unions. Choose your employer and career path (IT or non IT) carefully next time.