BANGALORE: Private organizations or firms are the ones to respect quality and subject to output, these lines is what makes them prosper. The IT companies, the hardware side or whatever no one are alien to the process of hiring and firing
Usually an employee is fired based on his performance reviewing of all others, one may not be a count of huge alarm. But it matters as to a horrifying moment, if the number crosses a lakh. 1 lakh number of people being fired, IBM the most reputed and most known in India with 1.3 lakh of its employees of the globally 4.3 lakh makes it the largest operation in a single country
IBM has been in spree from removing employees to a bunch all over and what horrifies the humanitarian world is that its stock price piled high just after its announcement of firing
This is not a bad part on side of the company trying to cut losses and improve efficiency, no one would want an occupant to name but need one to make the company occupy more. So let’s check out some companies who have been listed to be the ones to fire its employees on a large scale reports India Times.
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