Reviews Come in Handy for IT Firms to Mask Layoffs

Reviews Come in Handy for IT Firms to Mask Layoffs

Follow us on: RNI No. TELENG/2018/76469 @TheDailyPioneer facebook.com/dailypioneer Established 1864 Published From OPINION 6 MONEY 8 SPORTS 12 HYDERABAD DELHI LUCKNOW TURKISH JEWELLERS SEE NO SPARKLE IN VIRAT HAS AGREED TO PLAY BHOPAL RAIPUR CHANDIGARH NON-DELIGHTS SALES THIS DHANTERAS DAY/NIGHT TESTS: GANGULY BHUBANESWAR RANCHI DEHRADUN VIJAYAWADA *LATE CITY VOL. 2 ISSUE 17 HYDERABAD, SATURDAY OCTOBER 26, 2019; PAGES 12 `3 *Air Surcharge Extra if Applicable VENKY TO STAR IN ASURAN REMAKE { Page 11 } www.dailypioneer.com No visa required TRIMMING DUE TO SLOWDOWN for Chinese, Not deputy CM, Shiv Sena Indians: Brazil Reviews come in handy for wants Maha CM's chair SAO PAULO: Brazilian PNS n MUMBAI President Jair Bolsonaro said on Thursday the South As the Shiv Sena-BJP alliance American nation will drop its IT firms to mask layoffs is all set to form government requirement that visiting in Maharashtra, the clamour Chinese and Indian tourists NAVEENA GHANATE Hyderabad, said, "Our fear of for making young Sena leader or businesspeople obtain n HYDERABAD losing jobs was disguised under Aaditya Thackeray as the next visas. Bolsonaro, a far-right the appraisal process. In fact, Chief Minister of Maharashtra politician, came to power at The impact of economic slow- when we asked that there are has become louder in the party the beginning of the year and down is reflecting in IT com- certain items which we need to founded by late Bala Saheb has made it a policy to reduce panies here in multiple forms return to the company, they Thackeray. According to visa requirements from a such as limited salary hikes, were not even ready to give us reports, a large section of Shiv number of developed coun- layoffs built into the annual an hour. It was like terminat- Sena leaders and party's newly- tries. But the announcement, appraisal process, termination ed with immediate effected and elected MLAs have demanded made during an official visit with immediate effect, and we were escorted outside by that Aaditya be made the next Cong, NCP rule out backing to China, is the first he has cost-cutting. HR. They paid two months' chief minister of the state. made expanding that policy Compared to last year, more salary and didn't want to give Interestingly, posters depict- Sena to keep BJP out of power to the developing world. employees were terminated us time. This year, we got a lot ing Aditya Thackeray as the Earlier this year, the during the year-end process of last-day emails, compared to next chief minister of the state PNS n MUMBAI for the October 21 poll were Brazilian government ended this year. G Abhishek, who was previous years." were put up in his constituen- declared on Thursday. visa requirements for tourists working with one of the Big Even the hikes the employ- cy Worli, Mumbai. The posters Chances of another BJP-Shiv Maharashtra Congress pres- and business people from Four accounting firms in ees got this year were relative- also feature photos of Shiv Sena government in ident Balasaheb Thorat ruled the United States, Canada, Hyderabad, said, "I was asked ly low. P Kiranmayi, working in Sena patriarch Bal Thackeray Maharashtra brightened on out joining hands with the Japan and Australia. to leave as part of the year-end Industry experts claim that the year-end one of the Big Five IT compa- and party president Uddhav Friday as opposition Shiv Sena to keep BJP out of process. Typically when they process has become very stringent. To avoid nies, was disheartened after Thackeray in the background Congress and NCP ruled out power, saying the mandate for give a 4 rating, there would be facing the wrath of law and public scrutiny, the looking at her appraisal. and have been put by aligning with the Shiv Sena to his party was to be a respon- PIP for 45 days, but this time terminations were made as part of the Despite being a top performer Hanuman Seva Mandal. keep the BJP out of power. In sible opposition. Addressing German people with such rating were and getting a promotion, the Although nothing has been the 288-member Assembly, a Press conference on Friday, asked to leave immediately. I year-end review process. Even the hikes the hike she got was very less. She announced in this regard as the BJP has won 105 seats, Thorat said the Congress Chancellor asked them to give me 2 weeks' best-perfoming employees got this year were claims it to be similar to what yet, if the demands are met, while ally Sena bagged 56. doesn't have a "strategy or a time to find another job, but relatively low people of 3 rating got last year. Aaditya Thackeray will The NCP bagged 54 seats and proposal" to back a Shiv the HR told me, if I give you That has become the norm. She become the youngest Chief the Congress emerged victo- Sena-led government. arriving on time, I have to give it to the said, "A top performer gets Minister of Maharashtra. rious in 44 seats. The results Continued on Page 3 2,000 employees whom we are is certainly impact on IT com- keeping only 20 percent on minimum 15 percent hike and Shiv Sena MLA Prakash Nov 1 removing. We saw more panies due to automation and bench and they are the first lot of us got less than 10 per- Survey said, ''We want Aaditya NEW DELHI: German employees being told to leave inflation. During the rating ones to be impacted as they are cent hike. In fact, the cost- cut- as our CM. This is our first and during his negotiations with alliance is all set to form gov- Chancellor Angela Merkel is the company as a very big and process, we will be informed not tagged to any project." ting was seen in every project. foremost demand. Before the BJP high command,'' he ernment in Maharashtra, the arriving in India on long-running project has gone on how many people should be To avoid facing the wrath of Those who were onsite to other assembly election, both BJP added. clamour for making young November 1 for the the fifth from the company." given what kind of rating. It law and public scrutiny, the ter- countries returned and there is and our party had agreed on Another Shiv Sena MLA Sena leader Aaditya Thackeray biennial Inter Governmental Industry experts claim that depends on project to project. minations were made as part of 'no-fly' rule for those who 50-50 power-sharing formula, Pratap Sarnaik reiterated that as the next Chief Minister of Consultations (IGC). the year-end process has Typically a company keeps 30 the year-end review process. returned. Even in the parties which we wan to be imple- a large number of party legis- Maharashtra has become loud- She will be accompanied become very stringent. percent employees on bench. Sanjay Gupta, working in an and other activities at the firm mented in letter and spirit.'' lators want to see Aaditya as er in the party founded by late by several ministers and state Sundeep Kumar Makthala, These are called deployable IT company employing more there was cost-cutting." ''We are confident that party next Maharashtra CM Bala Saheb Thackeray. secretaries of her govern- president of TITA said, "There pool, but now companies are than 30,000 people in Continued on Page 2 chief Uddhav Ji will stick to it As the Shiv Sena-BJP Continued on Page 3 ment, as well as a high-pow- ered business delegation. Under the IGC format, the counterpart ministers KCR to attend from both the countries will KCR's ‘two-pronged strategy' to resolve RTC strike hold initial discussions in thanksgiving their respective areas of L VENKAT RAM REDDY RTC's executive directors responsibility. n HYDERABAD (EDs), constituted to study the rally in The outcome of these dis- demands of RTC unions bar- RTC driver approaches police against JAC leader cussions will be reported at Telangana Rashtra Samiti chief ring the one relating to merg- the IGC to be co-chaired by and Chief Minister K er of TSRTC with the govern- PNS n HYDERABAD RTC employees, Raju said. H’nagar today Prime Minister Narendra Chandrasekhar Rao is under- ment and make recommenda- The Chief Minister had PNS n HYDERABAD Modi and Chancellor Merkel. stood to have adopted a two- tions on the pros and cons of A TSRTC driver on Friday given a chance to the employ- pronged strategy to tackle the implementing the 'practical' lodged a complaint against ees to return to work, but Telangana Rashtra Samiti ongoing TSRTC strike, which ones, submitted its report to RTC employees unions' Joint Reddy continued to mislead chief and Chief Minister K entered 21st day on Friday. the state government on Friday. Action Committee (JAC) them, he added. Chandrasekhar Rao will visit 2,155 lives KCR has reportedly direct- Transport Minister Puvvada convener Ashwathama The police registered FIR Huzurnagar on Saturday to ed his party MLAs to negotiate Ajay, transport secretary Sunil Reddy, alleging that he was based on the complaint filed participate in a 'thanksgiving lost in with the striking RTC staff in are represented by TRS MLAs. Sharma and other officials misguiding RTC employees by the driver. rally' being organized on a their respective constituencies If these MLAs succeed in their rushed to Pragathi Bhavan and continuing the strike, Raju said, "It's already 21 grand scale. and convince them of the dire efforts, TSRTC strike could be and submitted the report to thereby putting their liveli- days since the strike began.

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