Top Most Firing IT Companies!

According to a survey many companies are firing out their employees and the order is….

1) IBM — Right now this is the most firing company for IT professionals. In the last 6 months, this company has fired nearly 20% of their employees because of BG check and performance issues. This is the most insecure company from an IT professional’s point of view. They don’t have any strategic plans at HR policies regarding employee security. No appraisals (maximum 10%).

2) TCS — Previously its an government IT Company . Now a days TCS also becoming firing IT company. Recently they fired on 500 people.( the people below 2 years of experience) and TCS lost so many projects recently( especially British Telecom Projects).

3) Accenture — This is second top most firing company. The firing rate is around 5%. This depends upon outsourced projects; they have a unique system where Accenture development centers around the world bid for a project coming into the company. Currently Philippines centre is taking the cake and the Indian centers are in a firing mode.

4) WIPRO — Firing people with very frequent back ground checks and firing them with out even experience letters and relieving letters (will mention as terminated from services)but will promise themployees that they will retain them. After the project is over they will fire away. Will threaten of criminal cases against such employees if they oppose the move and has also filed against some.

5) Intel — Recently joined the league. Running in heavy losses, hence firing 3000 employees in the Bangalore center in a phased out manner.

6) CTS — Has a steady firing policy (checking the Educational background and previous employment and also employee performance in work). In a Recent HCL walk-in, around 50% attendees were from this company. Sadly the I-pods have not helped them.