I joined Learnet India Ltd a fully owned Subsidiary of IL&FS on 1st September 2003, was made an Employee on 1st May 2004. On 1st August 2007 Learnet India Ltd merged into IETS Ltd.
Today Head HR of my company (IL&FS Education also known as IETS Ltd) spoke to me - painful decision, pressure from IL&FS new board to cut down costs, costs being cut at all levels including cutting down on people Pan India. blah blah blah, notice period 1 month, which I said I will consider to be January 2019 and leave end of Jan'19. He said he thought Dec'18 He said on his part he will offer me medical coverage till end of March 2019. I have insisted on getting the letter from the company informing me of the reason of the decision taken. He wants me to think over and let him know on Monday about the letter and the notice period start date. This happened to me after 15 years of service in the organisation, it is going to happen with many.
All this because of the non-meeting of financial commitments by IL&FS the parent company which was greatly caused by delayed/non-payments by State/Central Government Projects. But the media was all about how IL&FS did not honor its commitments, not a word about who caused it or why things reached this stage.
Not all may be able to handle the news of being eased out of the company, there will definitely be cases of depression, addiction and god forbid suicides.
This can still be avoided if the Media takes the initiative of bringing out the other side of the story. Bhakts may please excuse, since you are too busy with murtis and mandirs!
So what if following in the footsteps of the farmers now corporate workers also resort to suicide.
You have your bytes and breaking news to go for!
Winnie Saldanha, Asst. Manager | HRD - L&D
IL&FS Education & Technology Services Ltd. (IL&FS Education)
Trade Star Building, 4th Floor, B Wing, Andheri - Kurla Road, J B Nagar, Andheri (East)
Near Chakala Metro Station , Mumbai - 400 059.
Tel: +91-022-67809250 | Fax: +91-022-67809222 | Mobile: 09322759612 |
Email : winnie.saldanha@ilfsindia.com
www.ilfseducation.com | www.ilfsskills.com | www.ilfsclusters.com
Connect to us at: facebook.com/ilfseducation | twitter.com/ilfseducation | youtube.com/user/ilfseducationindia | scribd.com/ilfseducation
Today Head HR of my company (IL&FS Education also known as IETS Ltd) spoke to me - painful decision, pressure from IL&FS new board to cut down costs, costs being cut at all levels including cutting down on people Pan India. blah blah blah, notice period 1 month, which I said I will consider to be January 2019 and leave end of Jan'19. He said he thought Dec'18 He said on his part he will offer me medical coverage till end of March 2019. I have insisted on getting the letter from the company informing me of the reason of the decision taken. He wants me to think over and let him know on Monday about the letter and the notice period start date. This happened to me after 15 years of service in the organisation, it is going to happen with many.
All this because of the non-meeting of financial commitments by IL&FS the parent company which was greatly caused by delayed/non-payments by State/Central Government Projects. But the media was all about how IL&FS did not honor its commitments, not a word about who caused it or why things reached this stage.
Not all may be able to handle the news of being eased out of the company, there will definitely be cases of depression, addiction and god forbid suicides.
This can still be avoided if the Media takes the initiative of bringing out the other side of the story. Bhakts may please excuse, since you are too busy with murtis and mandirs!
So what if following in the footsteps of the farmers now corporate workers also resort to suicide.
You have your bytes and breaking news to go for!
Winnie Saldanha, Asst. Manager | HRD - L&D
IL&FS Education & Technology Services Ltd. (IL&FS Education)
Trade Star Building, 4th Floor, B Wing, Andheri - Kurla Road, J B Nagar, Andheri (East)
Near Chakala Metro Station , Mumbai - 400 059.
Tel: +91-022-67809250 | Fax: +91-022-67809222 | Mobile: 09322759612 |
Email : winnie.saldanha@ilfsindia.com
www.ilfseducation.com | www.ilfsskills.com | www.ilfsclusters.com
Connect to us at: facebook.com/ilfseducation | twitter.com/ilfseducation | youtube.com/user/ilfseducationindia | scribd.com/ilfseducation
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