Effect of Recession on our Jobs

sam_boy · 20th March 2009, 20:56

Guys got news that IBM is recruiting guys with 4+ yrs of Exp in Oracle PL/SQL and Unix in Bangalore ....

This is what I have heard ... Try getting in touch with IBM guys if you work with above mentioned technologies.

This is what I have heard from friends... But no harm trying ...

ashish22 · 20th March 2009, 21:38

any telecom professional can feel free to pm me if any aid is required...

Superleggera · 21st March 2009, 01:51

Warren Buffet's Message - Got it as an e-mail forwardm but worth posting it here !

"We begin this New Year with dampened enthusiasm and dented optimism. Our happiness is diluted and our peace is threatened by the financial illness that has infected our families, organizations and nations.
Everyone is desperate to find a remedy that will cure their financial illness and help them recover their financial health. They expect the financial experts to provide them with remedies, forgetting the fact that it is these experts who created this financial mess.

Every new year, I adopt a couple of old maxims as my beacons to guide my future. This self-prescribed therapy has ensured that with each passing year, I grow wiser and not older.

This year, I invite you to tap into the financial wisdom of our elders along with me, and become financially wiser.

Hard work : All hard work brings profit; but mere talk leads only to poverty.
Laziness : A sleeping lobster is carried away by the water current.
Earnings : Never depend on a single source of income.
Spending : If you buy things you don't need, you'll soon sell things you need.
Savings : Don't save what is left after spending; Spend what is left after saving.
Accounting : It's no use carrying an umbrella, if your shoes are leaking.
Auditing : Beware of little expenses; a small leak can sink a large ship.
Risk-taking : Never test the depth of the river with both feet.
Investment : Don't put all your eggs in one basket.

I'm certain that those who have already been practicing these principles remain financially healthy. I'm equally confident that those who resolve to start practicing these principles will quickly regain their financial health.
Let us become wiser and lead a happy, healthy, prosperous and peaceful life."

----- Warren Buffet
We are at 5 right now......GOOD TIMES RETURN AT 6, SO CHEER UP!

mmmjgm · 21st March 2009, 12:01

One word for the above diagram. - Herd mentality - this is actually what really kills after the initial slowdown.

Spitfire · 25th March 2009, 16:10

A large Networking Company based of ORR has: Stopped broadband reimbursement - no work from home - pay for your own, No free softdrinks, no free biscuits, fruits, juices, no premium coffees.

zaks · 25th March 2009, 18:00

Quote:

Originally Posted by Spitfire

A large Networking Company based of ORR has: Stopped broadband reimbursement - no work from home - pay for your own, No free softdrinks, no free biscuits, fruits, juices, no premium coffees.

Oh no, you too! I thought you were well off but understandable since your staff size is quite huge.

mmmjgm · 26th March 2009, 00:03

Quote:

Originally Posted by Spitfire

A large Networking Company based of ORR has: Stopped broadband reimbursement - no work from home - pay for your own, No free softdrinks, no free biscuits, fruits, juices, no premium coffees.

How cute, I've been senior management since the past 3 years yet I've never got this !

This company must really spoil their employees.

Cheers

sammyboy · 26th March 2009, 00:16

Quote:

Originally Posted by Spitfire

A large Networking Company based of ORR has: Stopped broadband reimbursement - no work from home - pay for your own, No free softdrinks, no free biscuits, fruits, juices, no premium coffees.

Yeah, I was speaking to one of my cousins in one the big MNC's. When I asked her if she was feeling the pinch of recession, she said, " yeah ,the choice of free biscuits has reduced"

Vid6639 · 26th March 2009, 00:32

- The air conditioner is switched off after lunch time.
- No tissue papers in the loo. Toilet paper is there.
- Evening snacks are now marked above market price. I mean a lays packet is Rs.2 more than mrp.
- tea machine dispenses lesser tea now.
- milk is mixed with water when noone is looking
- table tennis balls are no longer provided.
- Printer access is restricted
- The fresh engineers no longer have outside 0 dialing facility.

Breakfast, Lunch and transport is still free and they have assured this will not change. Although for me no use as I come in late, bring lunch from home and use my car to commute.

tsk1979 · 26th March 2009, 10:43

Lunch is free? I doubt that. Look at your salary letter, it will have a small section benefits. There lunch cost is added. Its part of your CTC. There is no free lunch

amitk26 · 26th March 2009, 10:53

Quote:

Originally Posted by tsk1979

Lunch is free? I doubt that. Look at your salary letter, it will have a small section benefits. There lunch cost is added. Its part of your CTC. There is no free lunch

Yes you are right up to 35 Rs lunch can be provided tax free on working days, On rest of it FBT will apply. However companies are free to subside lunch as much as they want.

In our company this 35 X no of working days is shown as component of CTC
which is tax free.

Dinner and Lunch on weekends and holidays is free for those who come to office, IT laws permit it , However Office meeting reimbursements for lunch outside is under persuit of tax laws after Chiddu introduced FBT.

finneyp · 26th March 2009, 11:05

Quote:

Originally Posted by vid6639

- Evening snacks are now marked above market price. I mean a lays packet is Rs.2 more than mrp.

Oops, IT Cos are now finding new ways to earn revenues.....!

DriverR · 26th March 2009, 11:25

My office has removed all subsidies on meals. Tea/coffee too is now charged.

Spitfire · 26th March 2009, 11:28

Quote:

Originally Posted by zaks

Oh no, you too!

Oh.. not me. I dont work there. But my sister does. Got the news through her.

We still get our tropicana, biscuits and coffee.

But i am hardly in office.

mmmjgm · 26th March 2009, 11:59

Quote:

Originally Posted by vid6639

- table tennis balls are no longer provided.
.

.

Err, this is definitely taking it to the max crib. Also on a serious note, suppose a TT ball runs for three days a year, hypothetically 100 TT balls @ 30 bucks each saves a co 3k a year ?

Pittance no ?

20th March 2009, 20:56	#271
sam_boy BHPian Join Date: Jan 2009 Location: OD10 -> KA-01 Posts: 226 Thanked: 156 Times View My Garage	Guys got news that IBM is recruiting guys with 4+ yrs of Exp in Oracle PL/SQL and Unix in Bangalore .... This is what I have heard ... Try getting in touch with IBM guys if you work with above mentioned technologies. This is what I have heard from friends... But no harm trying ...
	() Thanks

20th March 2009, 21:38	#272
ashish22 BHPian Join Date: Oct 2006 Location: Gurgaon Posts: 598 Thanked: 102 Times View My Garage	any telecom professional can feel free to pm me if any aid is required...
	() Thanks

21st March 2009, 01:51	#273
Superleggera BHPian Join Date: Mar 2007 Location: Kannur/Boston Posts: 533 Thanked: 818 Times View My Garage	Warren Buffet's Message ! Warren Buffet's Message - Got it as an e-mail forwardm but worth posting it here ! "We begin this New Year with dampened enthusiasm and dented optimism. Our happiness is diluted and our peace is threatened by the financial illness that has infected our families, organizations and nations. Everyone is desperate to find a remedy that will cure their financial illness and help them recover their financial health. They expect the financial experts to provide them with remedies, forgetting the fact that it is these experts who created this financial mess. Every new year, I adopt a couple of old maxims as my beacons to guide my future. This self-prescribed therapy has ensured that with each passing year, I grow wiser and not older. This year, I invite you to tap into the financial wisdom of our elders along with me, and become financially wiser. Hard work : All hard work brings profit; but mere talk leads only to poverty. Laziness : A sleeping lobster is carried away by the water current. Earnings : Never depend on a single source of income. Spending : If you buy things you don't need, you'll soon sell things you need. Savings : Don't save what is left after spending; Spend what is left after saving. Accounting : It's no use carrying an umbrella, if your shoes are leaking. Auditing : Beware of little expenses; a small leak can sink a large ship. Risk-taking : Never test the depth of the river with both feet. Investment : Don't put all your eggs in one basket. I'm certain that those who have already been practicing these principles remain financially healthy. I'm equally confident that those who resolve to start practicing these principles will quickly regain their financial health. Let us become wiser and lead a happy, healthy, prosperous and peaceful life." ----- Warren Buffet We are at 5 right now......GOOD TIMES RETURN AT 6, SO CHEER UP! Attached Thumbnails
	() Thanks

21st March 2009, 12:01	#274
mmmjgm BHPian Join Date: Nov 2004 Location: BOM, PNQ, DXB Posts: 398 Thanked: 30 Times	One word for the above diagram. - Herd mentality - this is actually what really kills after the initial slowdown.
	() Thanks

25th March 2009, 16:10	#275
Spitfire BANNED Join Date: Jul 2006 Location: Panaji - Goa/Bangalore - Karnataka Posts: 3,313 Thanked: 777 Times	A large Networking Company based of ORR has: Stopped broadband reimbursement - no work from home - pay for your own, No free softdrinks, no free biscuits, fruits, juices, no premium coffees.
	() Thanks

26th March 2009, 00:32	#279
Vid6639 Team-BHP Support Join Date: Jul 2006 Location: Bangalore Posts: 17,757 Thanked: 43,812 Times View My Garage	- The air conditioner is switched off after lunch time. - No tissue papers in the loo. Toilet paper is there. - Evening snacks are now marked above market price. I mean a lays packet is Rs.2 more than mrp. - tea machine dispenses lesser tea now. - milk is mixed with water when noone is looking - table tennis balls are no longer provided. - Printer access is restricted - The fresh engineers no longer have outside 0 dialing facility. Breakfast, Lunch and transport is still free and they have assured this will not change. Although for me no use as I come in late, bring lunch from home and use my car to commute.
	() Thanks

26th March 2009, 10:43	#280
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,726 Thanked: 23,059 Times View My Garage	Lunch is free? I doubt that. Look at your salary letter, it will have a small section benefits. There lunch cost is added. Its part of your CTC. There is no free lunch
	() Thanks

26th March 2009, 11:25	#283
DriverR BHPian Join Date: Mar 2007 Location: Hyderabad Posts: 415 Thanked: 526 Times	My office has removed all subsidies on meals. Tea/coffee too is now charged.
	() Thanks