Intent of Offer Vs Offer

I don’t think cancelling the job offers at IIT-Mumbai will affect the brand image of employers or it’ll reduce the competitive advantage of employers like Infosys,Tata Infotech etc. The reason being this was a temporary phenomenon on the recruiting company’s front. The company’s were forced to cancel the job offers keeping in view the uncertainty in external business environment. The economic slow down has hit the entire world economy. When the company’s visited IIT campus to recruit people they have their future business plans in their mind and that’s why they were recruiting people to meet their future business demand. But nobody would ever thought that the economic slow down will hit the world economy and whole business scenario will change. Looking at their past records these company’s has never done anything similar. They are forced to do so due to some factor which was beyond their control. During the economic slow down period everything was uncertain nobody was sure about what’ll happen in future, since how long it’ll continue. The need of the hour then was to survive till the time situation improves. So during that period the steps taken by Company’s like Infosys etc. in cancelling the job offers made was appropriate and need of the hour. I’m sure this will never affect the competitive advantage of Infosys nor it’ll cause any damage to the best employer image of Infosys.

But I’m not agree with Infosys spokesperson’s statement .Infosys being a such highly rated organization among job seekers they should have made it clear to the students of IIT how the changing business environment has forced them to take such harsh step rather it seems Infosys was trying to defend itself by saying they had given students only “Intent of offer”. Infosys should have been more transparent with the students and every body was aware about economic slow down and people will understand the criticality of the situation.

If I would have been the placement coordinator I would have tried to spoken to various companies’s to accommodate our students. I would have utilized my connection or network to accommodate our students even in small quantity. Also I would have spoken to the students make them understood about the criticality of the situation and would have told the students to have patience and wait for the situations to improve, they have their entire career lying ahead. They should not take any step immediately which will affect their career in future. In the mean time I would have utilized my resources to accommodate maximum students in various organizations.

Fortunately none of my friends has gone through this situation.