Parting With Tears

Image
BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:23 AM IST

The axe is falling on so-called underperformers in corporate India. But are they being tarnished unfairly

Until last week, Shishir Dubey (not his real name), 25, an engineer from Bombay University was working at Mahindra British Telecom (MBT) as part of his information technology training. Wanting to capitalise on the software boom, he had enrolled at the Mahindra Institute of Software Education and Management (Misem) in September 2000 for a Rs 1.2 lakh year-long course in IT.

Six months later, as part of the on-job training, he had begun working with MBT. He was to get his first stipend from MBT on April 15 with a verbal assurance that he would be inducted in the company once his course ended later this month.

In April, Dubey was told that the payment would come six months later. But before that, last week, Dubey and and 300 others were retrenched by MBT. MBT clearly announced that 30 of these were being sacked for underperformance. And Dubey was one of them.

Today, a distraught Dubey says that he will continue there till he finishes his course and gets a certificate from the institute.

Meanwhile, he is doing the rounds of companies.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 06 2001 | 12:00 AM IST

Next Story