1) 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. As companies like Infosys and Tata have never done anything such in past. This time they were forced to do so due the world wide financial instability or recession. The entire IT industry was affected worst by the economic recession, the whole world was aware of it, in such a case I don’t think that cancelling job offer will affect the brand image of these companies. Both Infosys and Tata Infotech are employee oriented company, at that time they were following various HR practices to maintain an efficient Human Resource. It is the situation that compelled them to opt for such an action. Best employer brand image is created through Strict adherence of HR policies like employee motivation, training & skill development activities, job involvement, varieties of fringe benefits, following employee retention programme etc., I think it is rarely affected by such decisions of cancelling job offers, that are taken due to economic recession pressure.
2) I’m not agreeing with Infosys spokesperson’s statement .As both the term “Intent of Offer” and “Offer” has same meaning. Infosys being an organization of such high repute can’t give such irresponsible statement. Rather they should have made it clear to the students about the actual problem which force them to take such harsh step. There should be clarity in their statement, giving such statement implies that Infosys was trying to justify their decision of not to hire students from IIT. Rather these companies should accept the real situation, as this type of statement would adversely affect the future prospects of the students who have been refused for jobs. The economic recession was global and therefore there is no reason to give such statement just because to maintain the brand image in the corporate sector.
3) If I would have been the placement coordinator I would have tried to pursue various companies’ and try to place some students on priority. I also would have advised student not to panic rather to wait for the things to improve. I think the best alternative would have been to look for other opportunity offered by various other companies as soon as possible, as time is much valuable and waiting for the best possible alternative may badly affect the future prospects of these students.
4) Fortunately none of my friends has gone through this situation.
2) I’m not agreeing with Infosys spokesperson’s statement .As both the term “Intent of Offer” and “Offer” has same meaning. Infosys being an organization of such high repute can’t give such irresponsible statement. Rather they should have made it clear to the students about the actual problem which force them to take such harsh step. There should be clarity in their statement, giving such statement implies that Infosys was trying to justify their decision of not to hire students from IIT. Rather these companies should accept the real situation, as this type of statement would adversely affect the future prospects of the students who have been refused for jobs. The economic recession was global and therefore there is no reason to give such statement just because to maintain the brand image in the corporate sector.
3) If I would have been the placement coordinator I would have tried to pursue various companies’ and try to place some students on priority. I also would have advised student not to panic rather to wait for the things to improve. I think the best alternative would have been to look for other opportunity offered by various other companies as soon as possible, as time is much valuable and waiting for the best possible alternative may badly affect the future prospects of these students.
4) Fortunately none of my friends has gone through this situation.
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