Would Major IT Companies honour all campus offers ? Due to Global Recession in IT Industry all Major IT Companies Like Infosys, TCS, Wipro, Micosoft, Yahoo are considering Deferment of Joining dates of All Campus Recruits.


 Due to Global Recession in IT Industry all Major IT Companies Like Infosys, TCS, Wipro, Micosoft, Yahoo are considering Deferment of Joining dates of All Campus Recruits. 




Falling margins and an unplanned salary increase have pushed Infosys to embark on a major austerity drive. The details are not clear yet, but it certainly includes a freeze on business class air travel and deferment of joining dates of 17,000 campus recruits.

The IT major's CEO, S D Shibulal, has sent a mail to employees saying that the company's expenditure for the year had risen too high on account of its Lodestone acquisition and salary increase. The mail goes on to say that the cost-cutting measures would be implemented in a phased manner.

A company spokesperson said, "In a tough business environment, Infosys has decided to take certain cost optimization measures. These are necessary for the company to continue making strategic investments and afford the rollout of the compensation increase."

The joining dates for campus recruits have been deferred for three months from the date of joining that was communicated to them previously. Several people tweeted that their joining dates had been extended to February; some said April.

The Infosys spokesperson said the company would honour all campus offers. The company has introduced an online training programme to keep these new hires engaged till they formally start work. "The completion of this training will not only give these recruits a headstart in their career with Infosys, but also reduce their planned six months training programme at our Mysore campus by up to two months," the spokesperson said.

Anticipating a bevy of queries from thousands of campus recruits for specifics around the deferred joining dates, Infosys has set up an exclusive online chat line. "This will help us address additional queries from them and also help them gather details about our online training programme. This will be in addition to our personal communication and addressing queries through emails," the company said.

There's also a freeze on long-haul business class air travel by its senior executives, including the CEO. "Business class is a privilege available to senior leaders in the company for long haul travel. In our drive to optimize travel costs, the senior leadership has decided to lead by example and forgo this privilege," the company said.

Infosys's operating margin has been dropping consistently for several quarters now. In the quarter ended December 2011, it had a 31.2% operating margin, but this was down at 26.34% in the last quarter. The September quarter alone saw a surprisingly sharp fall of 166 basis points. The salary increase of 6% announced last month, which many believe was done under pressure because rivals had given increments earlier in the year, will increase margin pressures in the coming quarters. Infosys normally announces salary increases in April, but this year it did not do so citing uncertain business conditions.

By Capt Shekhar Gupta
              Maani Sharma [ MBA Aviation ]



Career with AeroSoft


At AeroSoft you will find a working environment full of challenging opportunities which carves you into a successful go better. We recognize hard work and talent and rewards exceptional performance. If you have skills,qualities and abilities in you which makes you feel that you can be a part of AeroSoft then send your resumes to us, we will be very happy to make your way to become a part of work culture where hard work, zeal and growth are everyday's business. We are looking for Only Freshers & UnEmployed Professionals who:
1.Have Positive Attitude.
2.Is a self starter and go better.
3.Strives for growth, success and excellence.
4.Is enthusiastic to learn new skills. 5.Loves her work and organization.
Openings :
1. Junior HR Executive
2. Marketing Executive
3. Data Entry Operator
4. Air Ticketing Officers
5. SEO
6. Officer Account
7. Manager Public Relation
8. Work At Home
9. Software Developer
10. HR Manager
11. Marketing Manager
12. Direct Business Associates (DBA)
13. On Job Trainee (OJT)
14. Web Masters
If you think you have all the above mentioned skills and qualities in you then you are the person we are looking for. To Promote No Frill Low Cost Recession Proof Win-Win Aviation KPO Services.

http://aerosoftorg.co.in/career/
www.golgapppa.com
Asias Best b2b portal, GolGappa, Pani Puri, Pani Poori,recipes,instructions, ingredients,golgapppa


www.aerosoftseo.com
Mission Vision Passion DBA JHR; B2B B2C OJT Blog FAQ; Search Vender Term Resources; Welcome to AeroSoftSEO. AeroSoft Corp is a very small sized newly establishing ...

Comments