Pink Slip: It Companies Sacking Many Employees!!

TCS planning more layoffs, Wipro sacks 1000, Satyam to axe 4,500 … It seems the days of pink slips have come to haunt Indian IT pros. Though all companies have termed these terminations performance-based, it is anyone’s guess that global slowdown has started hurting Indian IT cos. 

Late last year, the global IT giant IBM had reportedly laid off 700 entry-level trainee programmers (ELTPs) across its offices in India. Zensar too had reportedly given pink slips to 2 per cent of it staff, again the company claimed that it was on performance basis. 

The increments and salaries too have been a causality at most IT firms. Here’s looking into the companies who have taken the manpower call.Recently, TCS also retrenched 15 employees from its Australian subsidiary. Interestingly, last month too, the company had shown door to some 25 employees from its Kolkata and Bangalore centers for fudging CVs.

At the end of the quarter ended June 2008, Wipro’s IT services employee base had fallen to 61,345 from 62,070 employees at the end of the previous quarter. However, industry sources reveal that the laid off employees included several project managers as well. Incidentally, while in case of TCS, the retrenched number was about 0.5 per cent of the workforce, for Patni, it made for closer to 3 per cent of the 14,800-strong workforce.

Beckham joins AC Milan on loan!!


The former England captain will join the team from January 7 when the Serie A season restarts following its winter break. 

Milan vice-president Adriano Galliano had revealed earlier in the day that he was due for talks with Beckham’s lawyers, who were in Milan, and now a deal has been agreed. 

The seven-time European champions first revealed the possibility of the loan move last week after rumours circulated that Beckham would train with the Italians during America’s Major League Soccer off-season. 

The former Manchester United and Real Madrid midfielder currently plays for Los Angeles Galaxy, whom he joined 18 months ago, but needs to keep playing over winter to avoid losing match fitness and his place in the England squad. 

England’s Italian boss Fabio Capello has previously made it clear to Beckham that if he is not playing he won’t be part of the England set-up. 

Beckham has 107 caps for England and is the third most capped player in the country’s history. 

This moves means the golden boy of British football will have played for arguably the biggest club in the three biggest leagues in the world: England, Spain and Italy

Chelsea back on track against Hull!!

Normal service was resumed as Chelsea responded to their defeat against leaders Liverpool by beating Hull City 3-0 on Wednesday and bringi
ng the home side back down to earth after their excellent start to the Premier League season. 

The outcome at the KC Stadium was never in doubt after an early goal from Frank Lampard. 

Further strikes from Frenchmen Nicolas Anelka and Florent Malouda were scant reward for Chelsea’s domination. 

Luiz Felipe Scolari’s may have started the game level on points with Hull, but there was a massive class gap between the two teams. 

Hull had not conceded a goal for 309 minutes going into the game. It was an impressive record that they managed to extend until only the third minute of this match.

Lampard seized on Paul McShane’s poor clearance and took a touch before chipping the ball over keeper Boaz Myhill and inside the far post for the 99th league goal of his career. 

Hull had already achieved victories over Fulham, Arsenal, Tottenham Hotspur and West Ham United during their unexpected climb into third place. 

Those successes meant the surprise package of the Premier League found themselves level with Chelsea on 20 points and already half-way to the survival target set by their manager Phil Brown. 

But Hull soon discovered that a visit from Chelsea provides a special kind of challenge. The Londoners arrived on Humberside unbeaten away from home in 2008 and winners of their last four games on the road. 

So it was no surprise that they were able to build on their goal to provide a testing opening spell for Hull as Myhill saved from Joe Cole, back after a three-week absence with a foot injury, and was struggling to deal with a Lampard free-kick that went narrowly wide. 

However, this is a Hull team full of confidence and they responded impressively. While Chelsea continued to dominate the possession, Hull forward Daniel Cousin was still able to find space on the edge of the area for a shot that was deflected on to a post with Chelsea keeper Petr Cech beaten. 

Then Cech had to deal with a shot from Geovanni that bounced awkwardly in front of him, but it was to be the final hint of a Hull goal before the interval. 

Anelka then went closest to a second Chelsea goal that would have left Hull facing a near-impossible task in the second-half. 

Joe Cole and Ashley Cole were both involved in a slick build-up that set up Anelka for a fierce first-time effort that Myhill somehow touched over the bar. 

Nevertheless, there was much in the opening 45 minutes to convince Hull that they are capable of competing with the likes of Chelsea, although their hopes of beating the London club effectively vanished when they conceded a second goal five minutes into the second-half. 

Myhill, so impressive in the first-half, was the player to blame as he waited for a long clearance from Jose Boswinga to reach him inside the area when it would have been safer to kick clear.

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