the TCS move may be good in one way rather than retrenching the present employees.as per economic theory for every continuous growth there is a downward trend sooner than later. let IT employees learn to avoid wasting money resulting in hardship to common man, for example the rent in bangalore, cochin etc. they should think that just because they r working under extreme pressure,only in rare cases, they deserve a special treatment in the society. IT brothers and sisters should learn to tighten their belt rather than thinking that they are some specials just because they r paid more than others. let us have a society of love and affection rather than divisions based on wealth. in another 3-4 years India will be in a major recession and the fate of IT companies, real estate companies ,banks and auto sector will be in great danger. let us all get prepared to face that situation and try to save rather than just wasting money in consumerism. also let us help and support many of our poor countrymen who still have only one time food to eat. why we Indians are so poor in charity work and donations. let us create a Rama Rajya of prosperity in our Great Country.
RE:MAY BE GOOD FOR EMPLOYEES TO SURVIVE
by Abhay T on Jan 31, 2008 10:52 PM Permalink
It may be a good move as far as TCS is concerned. But, I totally disagree with your sadist views. There are some negatives for short term. But, India has even more growth opportunities as a result of current situation. Indians need to exploit that opportunity. Over a period of time rupee will keep appreciating. But all that means we can buy cheaper goods/raw materials from other countries.
RE:MAY BE GOOD FOR EMPLOYEES TO SURVIVE
by Bhaskar Mishra on Jan 31, 2008 10:44 PM Permalink
Shut Up! I know there are sadists who love to see the IT down. But baby IT rules!
RE:MAY BE GOOD FOR EMPLOYEES TO SURVIVE
by Spitting Cobra on Jan 31, 2008 10:42 PM Permalink
what nonsense yaar....it is definitely not a pay master and needs to become more competitive when it comes to salaries....already we see flight of top management in IT to aviation, retail, ITes, banking cos IT has not remained so lucrative at higher levels....
