Intent of Offer Vs Offer

Hi every one,
I quite agree with the information from Mr. Satya Sahoo as highly appropriate, it speaks more on organization ethics. Companies are doing their best to deal with changing scenario and trying to save their brand image. Infosys may be technically and legally right, but it is ethically wrong. They tend to present themselves as unaffected by the slowdown when they send the offer letters. They go ahead with fresh recruitments in the first place when those recruited from the last batch are simply sitting on the bench. This approach of course spoils the brand image when they send regret letters to prospective students to look for other options after completing the final selection process and providing offer letters. In future, when ever Infosys will go for recruitment specifically from IITs, the students may not be interested to join with.
In the statement, where Infosys spokesperson says, Infosys had not really cancelled any job offers since what they had given to the students was only "Intent of Offer", shows that the company in one way exploits the mass with this power. Offer letter in general speaks about the faith and trust from both sides.
The statement made by Tata Infotech Managing Director, Nirmal Jain in this respect makes some sense of hope to the prospective students. In fact it seems that they have realized the over estimation of recruitment with respect to the current slowdown and have asked couple of students to look around as the current position is very tight. Although they have deferred 11 jobs, they have also accepted the gravity of slowdown crisis and promised the students that as and when things improve they would be the first people to get the positions.
As a placement coordinator, I would also prefer to most effective methods of ensuring good placement experience by achieving optimum match with the selective employer having sound past records with respect to healthy HR policy. During economic recession, it would be preferred through conducting regular survey of employers and students.