Came to know about firing at Sapient from a friend. And when it is in hundreds, it means there is something going wrong somewhere. Haven’t heard of such big layoff in recent months, at least in NCR/Delhi area. IT never was projected as affected that badly here in India and it wouldn’t be provided such impression isn’t created.
Feeling sympathetic for all those guys there at Sapient because this firm hires good brains offering them good compensations. To leave those brains wasted like this is really a matter of concern. Also it had fired its employees in similar numbers last year during same time. Perhaps this procedure every year at specified time can be part of its corporate strategy.
Heard that cabs were arranged and employees were straightway directed to vehicles as soon as they arrived at reception without allowing them to reach their seats. Also an email was circulated by firm’s CEO in same regard.
Disclaimer: All the details are based on discussions and nothing is verified personally.
Online References –
Layoff in Sapient India