Bangalore, Apr 11 (PTI) With companies keen on maximum utilisation of employees and low tolerance to poor performance in the backdrop of global economic turmoil, nearly 2,100 employees in software firm Infosys have faced the axe. "Some of these employees have been asked to go while some have left on their own," V Balakrishnan, CFO of the city-headquartered Nasdaq-listed company, told PTI today.
Prior to asking the employees to leave, they were put on a performance improvement course and those who showed no improvement were asked to leave while some others quit, he said.
"Tolerance to poor performance is very low given the current economic scenario," said Infosys CEO Kris Gopalakrishnan.
Usually, the employees who showed poor performance were given some more time to improve themselves, but this time there had been no such consideration, he said.
Both the officials said the sacking was part of the annual routine, which usually formed five per cent of the total number of employees but this time it was much lower.
Some of the employees had been "outplaced", Kris said, which refers to the firm hiring the services of placement agencies to help the employees to get placements in other firms.
Infosys has a workforce of 1,05,000, including trainees. PTI
PM accuses the Left and the Third Front of weakening secular forces
Kochi, Apr 11 (PTI) Opening his election campaign in the Communist bastion, Prime Minister Manmohan Singh accused the Left and the Third Front of weakening secular forces and helping installation of a communal government led by the BJP. He also said the Communists were often on the "wrong side" of history.
"The Left Front or the so-called Third Front can never by themselves for a government at the Centre. They can only divide the secular votes. Thereby, they can only strengthen the BJP," he said addressing an election meeting at the nearby Veli grounds in Pallurthy, the first after his recovery from the recent heart bypass surgery.
Singh said the people of Kerala, a state known for its communal amity and harmony, should ponder if they approve of the role of the Left Front in weakening the secular forces at the Centre and install a communal government led by the BJP.
Singh asked the people to choose between the stability of the Congress and the coalition of parties which have come together only by the "glue of government" in which there will be a continuous struggle for power.
Needling the Communists, "The Left that rules the state has unfortunately often been on the wrong side of history. When Mahatma Gandhi started Quit India movement the Left did not participate in it. When India became Independent, they said this independence is not for real," he said. PTI
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_c.png?x-id=edb6b68b-fab6-4c44-b5c7-f14d8df8e73d)
Prior to asking the employees to leave, they were put on a performance improvement course and those who showed no improvement were asked to leave while some others quit, he said.
"Tolerance to poor performance is very low given the current economic scenario," said Infosys CEO Kris Gopalakrishnan.
Usually, the employees who showed poor performance were given some more time to improve themselves, but this time there had been no such consideration, he said.
Both the officials said the sacking was part of the annual routine, which usually formed five per cent of the total number of employees but this time it was much lower.
Some of the employees had been "outplaced", Kris said, which refers to the firm hiring the services of placement agencies to help the employees to get placements in other firms.
Infosys has a workforce of 1,05,000, including trainees. PTI
PM accuses the Left and the Third Front of weakening secular forces
Kochi, Apr 11 (PTI) Opening his election campaign in the Communist bastion, Prime Minister Manmohan Singh accused the Left and the Third Front of weakening secular forces and helping installation of a communal government led by the BJP. He also said the Communists were often on the "wrong side" of history.
"The Left Front or the so-called Third Front can never by themselves for a government at the Centre. They can only divide the secular votes. Thereby, they can only strengthen the BJP," he said addressing an election meeting at the nearby Veli grounds in Pallurthy, the first after his recovery from the recent heart bypass surgery.
Singh said the people of Kerala, a state known for its communal amity and harmony, should ponder if they approve of the role of the Left Front in weakening the secular forces at the Centre and install a communal government led by the BJP.
Singh asked the people to choose between the stability of the Congress and the coalition of parties which have come together only by the "glue of government" in which there will be a continuous struggle for power.
Needling the Communists, "The Left that rules the state has unfortunately often been on the wrong side of history. When Mahatma Gandhi started Quit India movement the Left did not participate in it. When India became Independent, they said this independence is not for real," he said. PTI
No comments:
Post a Comment