Saturday, May 30, 2009

Infy: 1500 Resumes in Job Market

Bangalore: The slowdown has proved to be a hard ground for the survival of the employees in Infosys, who have resorted to consultancies to seek new jobs. More than 1500 employees of Infosys have filed their resumes on various placement firms, in the last two months.


"Around 1300 resumes have been posted by Infosys employees, of which many of them are in the level of project managers," said Kris Lakshmikanth, Founder CEO and Managing Director, Head Hunters. HRM Consultants, a consultancy firm have received around 60 resumes. "During the last few years, resumes from Infosys were very rare, but this year we have received quite a few," said G.S.Lakshmiprasad of HRM Consultants.

There are other placement centers like HROne, Magnum Consultants and CR Executive Search, which saw many Infosys employees posting their resumes. Adding on to the insecurity, Infosys has laid off around 2100 people owing to non-performance.

Commenting on the sudden layoff, Ruchi Gopal of Magnum Consultants said, "Companies will see their balance sheet, so, handing pink slips to the employees is fair, if they were given proper notice period prior to the layoff."

However, the layoff happened without any prior notice to the employees. According to an employee who has been fired, they were called for a meeting with HR managers, and were immediately given two options either to resign voluntarily or get terminated. "

The company is especially, getting rid of the project managers. If a project manager had been handling 25 people, now he will have to manage 50 people as they are reducing the bulk," said Lakshmikanth.

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