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? Are the employees taken into confidence before making such an announcement. 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? Why is there a 2 week gap between disclosing the Qaurterly results to the public and the "cool" cuts in the Variable allowances for its employees? Nothing happens to the shareholders, but cuts for employees. Thats a new definition of being an employee friendly firm!!!!
