Enlightenment

Sunday, April 30, 2006

Save Brand India

This issue was sent to me by my friend as a link.its about the reservation issue.i thought everyone must read this.few lines from it :

IBM to slash workforce in India .... Reuters, 12th April 2010
IBM on Tuesday announced that it will slash workforce in India by half over a period of two years and will stop hiring in India with immediate effect. Without citing the reasons behind this sudden move, IBM India director, Sunil Mathur, reflected that this move is not entirely out of blue but was impending for quite some time. This decision will effect in loss of 20,000 jobs in India both in tech sector and in the BPO division. When asked if this decision is a result of Morgan Stanley's recent survey titled "lack of talent in office", Mr. Mathur chose to stay mum. In retrospect, IBM might be the first in the wave of foreign companies to shut shop in India since ex-PM Manmohan Singh introduced legislation regarding job quotas in private sector as well as national institutes few years ago...

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