Thread regarding Syntel Inc. layoffs

Dramatic turn around of profit leaps by 26%

Dramatic turn around profit leaps by 26%. magic of trainees and background check

5000 peopl identified as having background verification issues. Company targeting to generating new revenue by charging employee 3 months pay for giving relieving letters to those whose back ground has question marks (old company is closed or untraceable) especially target old employees who are completing 9-10 years because double benefiti, replace high salary employees with low salary and high chance of background issues as atleast one of the old experience company will be closed.

person who gave ideas got double promotion for such lean and mean idea

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| 771 views | | 1 reply (October 26, 2015) | Reply
Post ID: @OP+E6Om1sm

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yes, this is true - people have already been identified in this process especially ppl with more than 10 yrs of Syntel service.

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Post ID: @36z5+E6Om1sm

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