Tuesday, January 20, 2009

Black day

Though today is the historic day for US since Obama is becoming the president of US it was a black day for me as it was the first time my career I had to sit with HR team to terminate the contract for 22 trainees from NIIT. Though we tried a lot to retain them, we could not sustain the management's pressure to reduce the bench strength. I feel very sad for them. I wish they all either get a job elsewhere or join some course and spend the crisis period and come out stronger into the job market after the crisis.

Monday, January 19, 2009

Economic Crisis and Job Losses

Mainly targeting MCA 95 batch... Others can also contribute...
What is your plan B or Plans B/C/D/.... if you loose your job? Have you thought about it? I definitely hope that none of us would loose job. Having seen the debacle of Satyam, we cannot confidently say that the job is safe in any industry anywhere. I am sure few of us would emerge as entrepreneurs when we are really pushed to tough situations. I would like each one of you to put down your views. Some of your ideas would definitely help others. Assume if I loose job, what should be the short term plan and what should be the long term plan? If married, what are the limitations? If not married, what are the kind of risks people can take? How long we can survive without salaries? What kind of additional income can be planned even when we are having the job? What if the spouse is not working or working? Should we switch to some other industry? Should we concentrate on starting a company and business rather than being an employee? How can we get working capital? Do any of you have any kind of experience so far in trying to get some venture capital? I would like each one of you to use the comments section to make replies to others.

First pongal for Varsha

We went to our native (devakottai) since it was the first pongal for Varsha. Traditionally, rice is fed for the first time on the first pongal for any new born babies in our community. I took 2 days off and spent 5 days in my native. It was definitely very enjoyable at home with parents. There was some amount of relief from baby sitting :-) since my mother took care of Varsha. Every day we start climbing the coconut trees (with the help of ladder only) and have tender coconuts (me and my son Akash are crazy about tender coconuts). We spend sometime plucking all the flowers and my father makes the garlands for the gods. Since I was there in native towards the fag end of Margazhi, I went to temples early in the morning (at around 5 a.m.) and it was nice to be in the temples where I used to go in my school days. I can keep on writing.... since I love my native.