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India may receive the biggest pay hike in 2010

If the predictions on a survey go true, India would receive at least an increase of 10 percent in base salary levels. Asian companies will benefit hugely if the region recovers from the global recession. (more…)

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Mahindra Satyam on the path to layoff another 5000 benchers

While you were reading the news that Mahindra Satyam has secured contracts worth $79 million only for the second quarter in North Africa and Middle East regions, employees at Satyam were reading quite a different news in their mailboxes. (more…)

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Career Mapping Tool for Job Seekers

A new web site targeted at job seekers and career changers, has developed a free Career Map tool that helps users transition from their current jobs to their dream jobs. The patent-pending, interactive Career Map technology gives users a step-by-step, visual roadmap for how best to achieve a new position. Users learn about skills, […]

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MySpace, Facebook, LinkedIn,

Facebook Jobs Increase by 635 percent

A recent report by Simply Hired, LinkedIn’s job search portal, reveals through its Employment Trends that jobs on Facebook has increased by 635 percent. Interestingly, MySpace jobs have decreased by 27 percent. LinkedIn also had a substantial growth of 125% jobs while social networking sites did not see an increase in jobs and stayed at […]

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LinkedIn - Professional Networking

Seven Ways to find a Job using LinkedIn

Most of the recruiters and employers have quit traditional methods of searching for a perfect candidate. No longer do they spend all their time going through job portals but they also search for interesting candidates on social media sites, blogs, forums and professional networking sites. LinkedIn is one great way of letting recruiters know about […]

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Mynampati, Interim CEO Tries Raising Morale

Dear colleagues, I write this mail to update you on some critical Board and Leadership level changes in our company, effective immediately. A series of extremely unfortunate events led to this, which I am sure you have seen covered in the media over the past few hours. A SWAT team consisting of senior leaders has […]

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Raju’s Letter to Satyam Board

Dear Board Members, It is with deep regret, and tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice: 1. The Balance Sheet carries as of September 30, 2008: a. Inflated (non-existent) cash and bank balances of Rs. 5,040 crore (as against Rs. 5361 […]

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Satyam a Lie

A “True Lie” infact. Ironically, Satyam means truth. Chairman and promoter Ramalinga Raju confessed that the Hyderabad based Satyam Computers has been lying to its shareholders, employees and the entire world for many years. Regarded as India’s largest ever corporate fraud, it is estimated that the scam is more than 7,000 crore. Considered to be […]

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24/7 Customer Reduces Head Count

24/7 Customer on a phased ramp down After software companies, its now BPO companies who are on a slow down. 24/7 Customer one of India’s leading BPO firms have informed that they would carry out a phased ramp down of their offshore call center partnerships in India. 24/7 has planned to reduce 450 employees in […]

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