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Infosys Layoff – The IT giant Infosys Technologies fires 2100 employees

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 Bangalore-based company, told PTI on April 11, 2009.

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 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 105,000, including trainees.

April 13, 2009 Posted by | General, India Related, IT, Software, Technology, World News | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

England have the bulldog spirit to hit back: Michael Vaughan

Former England captain Michael Vaughan

Former captain Michael Vaughan has backed England to bounce back from the bitter loss in  Chennai, saying that Kevin Pietersen and his men have the “bulldog spirit” to square the Test series against India in Mohali.

“One thing with the England team is we do have a ‘bulldog spirit’, a fighting spirit. We proved that in this game,” Vaughan said ahead of the second and final Test in Mohali starting December 19, 2008.

England dominated the first three days of the Chennai Test before losing the plot on the fourth day when Indian opener Virender Sehwag went on a rampage to snatch the match away from the visitors.

“It was a great game of cricket. Both teams played to an incredible standard in terms of what they’d gone through in the previous two weeks,” Vaughan was quoted as saying by ‘The Daily Telegraph’.

“The England team can be very proud of the way they played. For three-and-three-quarter days they dominated the Test and that is something which is very difficult to do in India,” he added.

Vaughan admitted that the six-wicket loss was a bitter pill to swallow, considering the way England dominated most part of the match. “The defining moment was that middle session (on day four) when we probably let the momentum sway back towards India when we could have nailed home the game.”

However, Vaughan, who is currently on a sabbatical from international cricket, said the task would be tough test of England’s mental strength. “We’ve just lost a real big game, a game that all the
lads would have expected to win on that fourth evening,” he said.

“It’s going to be a real task of mental strength. The boys are pretty drained and emotionally tired from what they’ve been through in the last few weeks. But if they win the toss, and bat, and get put runs on the board they can put India under a lot of pressure,” he added.

The right-hander, training with the England’s elite performance squad, said he is working towards his international comeback. “My mind is very refreshed and of course after such a great game of cricket I’m desperate to get out there and make decisions, play and score runs,” he said.

December 17, 2008 Posted by | Cricket, General, India Related, Sports, World News | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Rahul Dravid needs a big score: Sourav Ganguly

Former India captain Sourav Ganguly says Rahul Dravid needs to get a big knock under his belt to ward off critics who have been questioning his place in the team for some time now.

“The pressure is bound to start mounting on Rahul Dravid after another below par effort and he must get a big score before the murmurings about his place in the team get louder,” Ganguly wrote in his column.

Dravid, who has been struggling with the bat ever since the last English summer, could only manage three in the first innings of the ongoing first Test against England in Chennai on Dec 11, 2008.

There was also much expected from Yuvraj Singh, who earned a recall to the Test team after an excellent performance in the ODI series, but the Chandigarh lad too disappointed scoring just 14.

“Yuvraj failed to make an impression in his comeback Test, but that was down to the supreme line and length that the English bowlers maintained against him,” Ganguly wrote.

“They used the short ball well, and also kept the spinners on, which Yuvraj does not enjoy when he starts his innings,” he added.

The classy southpaw also had a word of advice for England skipper Kevin Pietersen.

“Pietersen needs to adjust ‘mentally’ while batting in the subcontinent, as he is far too good a player to be gifting his wicket to the opposition. It’s paramount that he holds the English middle order together, especially in trying batting conditions,” Ganguly reckoned.

India’s most successful captain also wondered by India “always seem to struggle in the first Test of a new series” and hoped that a strong performance from the side was just around the corner.

December 13, 2008 Posted by | Cricket, General, India Related, Sports | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ganguly: I won’t miss cricket

Goodbye Dada!

Sourav Ganguly, who returned home to Kolkata to a rousing welcome from fans Tuesday said he would not miss cricket.

The former India skipper also said like to meet the soccer legend Diego Maradona when he comes to Kolkata.

“I just want to see him,” Ganguly said referring to the Argentine footballer.

Having returned to his home town after playing his last Test at Nagpur, Ganguly said that he would, however, miss the company of his teammates.

At his Behala residence Ganguly told reporters: “We share a good camaraderie among ourselves. We make fun and crack jokes together. I don’t think I will miss cricket but will miss the companions.” Reiterating that he will not change his retirement decision, Ganguly said: “In sports, you have to retire one day. It’s about physical ability. Once you start playing, you have to call it quits some day. It’s like when you are born you have to die … All great players like Maradona, Pele, Sampras and Gavaskar retired…” Ganguly picked his Lord’s debut Test, his first captaincy and the recent series win as his Big Three moments.

About his future plans, Ganguly ruled out commentary as an option.

“There are a lot of opportunities coming in. But, at present, there is no such plan to do commentary … It needs lot of travelling.” Ganguly added that he is yet to decide on his future plans.

“You have to wait and see … I have not thought about it yet. IPL is in April there’s a long way to go … But I will definitely do something that will contribute to the game.”

On the 2-0 series win to clinch the Border-Gavaskar Trophy, Ganguly said, “We outplayed them in all the departments … We celebrated a lot. It was fantastic. We had lot of drinks as we never done in life. We had great fun … Anil and I were there present and celebrated our win till 1 in the night.” Praising Mahendra Singh Dhoni, he added, “He (Dhoni) has done well as captain in his last one year tenure and I am sure, he will take India cricket forward. There’s a lot of talented players it depends how they transform them into performance.” Earlier, there was chaos at the airport as large number of fans gathered to welcome him.

His car was mobbed and halted before he was escorted by the pilot vehicles from the VVIP exit of the airport.

Police had to resort to mild baton charge to calm down the situation as Ganguly’s black SUV with his wife Dona and daughter Sana on board made way to their Behala residence.

There were chants of “Dada Dada … Ami tumake bhulchhi na, bhulbo na… (Dada we are not going to forget you).” Some waved the Tricolour while others carried Ganguly’s posters.

The CAB will organise a grand function at the Eden Gardens on December 7 to felicitate Sourav in a befitting manner.

November 12, 2008 Posted by | Cricket, General, Sports | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment