Why are the internal targets that are set not announced to anybody? How can you show a sustained revenue growth of 5-6% and still say that you have lost in the EVA target set?
The results were declared in the mid of Jan and dividends announced for the shareholders. No cuts in this? Wasnt the management aware of the shortfall at the time of announcing the 3rd Quarter results?
Nothing happens to the shareholders(Management holds many shares), but cuts for employees.
No transparency and hidden the facts to public when declaring results.
All these things are happening because there is no one who question them. Taking advantage of No Employee unions.