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IIRC,yes.Raja Bose wrote:Wasnt Simputer the base for the Saathi handhelds used by IA?
Yes, for Moto, its 3 months for every year served+ full salary on every leave encashed!!!!! A acquaintance of mine got ~3 years salary for his 8 year service!!!Singha wrote:reliable skyNet feeds claim Motorola has let go 500 engineers in Blr in the recent past. this when there have been periodic bouts in the good times also (for eg with their Force Computers acquisition in 2007). but the astonishing claim I heard was they were paying 3 months of salary for every completed year of service. So a old timer who was there 5 years could potentially get 15 months full pay and a chance to wait out the bad times....
also Freescale their semi offshoot is spiralling in another major round soon per grapevine.
for the senior people, its very hard to get comparable jobs or any jobs at all.
Is this being done in MIL (Moto India Ltd.) onlee or same is being done for starving abduls in massa??sum wrote:Yes, for Moto, its 3 months for every year served+ full salary on every leave encashed!!!!! A acquaintance of mine got ~3 years salary for his 8 year service!!!Singha wrote:reliable skyNet feeds claim Motorola has let go 500 engineers in Blr in the recent past. this when there have been periodic bouts in the good times also (for eg with their Force Computers acquisition in 2007). but the astonishing claim I heard was they were paying 3 months of salary for every completed year of service. So a old timer who was there 5 years could potentially get 15 months full pay and a chance to wait out the bad times....
also Freescale their semi offshoot is spiralling in another major round soon per grapevine.
for the senior people, its very hard to get comparable jobs or any jobs at all.
Freescale has started major cutting in India with ~100 HW enggs let go last week and most of the 300 odd SW guys in B'luru will be let go soon since no buyer was found for the Wireless group.
I do not wish to gloat but I can't help it either.........VikasRaina wrote:I will be more than happy to take ~3 years salary as severance package and then go onto "Bharat Bhraman". While in Job, ordinary Abduls like me has no hope of ever taking a sabbatical and doing stuff that I really want to do. Sometimes bad things like getting laid off is not really bad in the bigger perspective (If you get 3 years salary along with the pink slip)
Is this being done in MIL (Moto India Ltd.) onlee or same is being done for starving abduls in massa??[/quote]Raja Bose wrote: Yes, for Moto, its 3 months for every year served+ full salary on every leave encashed!!!!! A acquaintance of mine got ~3 years salary for his 8 year service!!!
Freescale has started major cutting in India with ~100 HW enggs let go last week and most of the 300 odd SW guys in B'luru will be let go soon since no buyer was found for the Wireless group.
Qualcomm Bluru seems to be doing quiet well for itself. Though Hyd was the HQ in India, more and more good work seems to be getting done in Bluru also(atleast HW part).ramana wrote:Does Qualcomm have B'luru office? How is it doing and whats its history?
has laid off considerable number of staff. There was big hoopla over this and police had to be called in. The management had to face a stiff resistance from the protesting staff.
While I think President Obama has been doing his best to keep the worst protectionist impulses in Congress out of his stimulus plan, the U.S. Senate unfortunately voted on Feb. 6 to restrict banks and other financial institutions that receive taxpayer bailout money from hiring high-skilled immigrants on temporary work permits known as H-1B visas.
Bad signal. In an age when attracting the first-round intellectual draft choices from around the world is the most important competitive advantage a knowledge economy can have, why would we add barriers against such brainpower — anywhere? That’s called “Old Europe.” That’s spelled: S-T-U-P-I-D.
“If you do this, it will be one of the best things for India and one of the worst for Americans, [because] Indians will be forced to innovate at home,” said Subhash B. Dhar, a member of the executive council that runs Infosys, the well-known Indian technology company that sends Indian workers to the U.S. to support a wide range of firms. “We protected our jobs for many years and look where it got us. Do you know that for an Indian company, it is still easier to do business with a company in the U.S. than it is to do business today with another Indian state?”
Each Indian state tries to protect its little economy with its own rules. America should not be trying to copy that. “Your attitude,” said Dhar, should be “ ‘whoever can make us competitive and dominant, let’s bring them in.’ ”
If there is one thing we know for absolute certain, it’s this: Protectionism did not cause the Great Depression, but it sure helped to make it “Great.” From 1929 to 1934, world trade plunged by more than 60 percent — and we were all worse off.
We live in a technological age where every study shows that the more knowledge you have as a worker and the more knowledge workers you have as an economy, the faster your incomes will rise. Therefore, the centerpiece of our stimulus, the core driving principle, should be to stimulate everything that makes us smarter and attracts more smart people to our shores. That is the best way to create good jobs.
According to research by Vivek Wadhwa, a senior research associate at the Labor and Worklife Program at Harvard Law School, more than half of Silicon Valley start-ups were founded by immigrants over the last decade. These immigrant-founded tech companies employed 450,000 workers and had sales of $52 billion in 2005, said Wadhwa in an essay published this week on BusinessWeek.com.
He also cited a recent study by William R. Kerr of Harvard Business School and William F. Lincoln of the University of Michigan that “found that in periods when H-1B visa numbers went down, so did patent applications filed by immigrants [in the U.S.]. And when H-1B visa numbers went up, patent applications followed suit.”
had Dept meeting. Our is only company probably that is still hiring left and right. The expectation is that turn around will not come till end of the 1 st quarter of 2010. Clear disclaimer was that this is the current prediction.Singha wrote:claims that world eco is expected to turn around in end 2009.
Its a bad idea to buy stocks now. IMHO stock market will tank further. All these are suckers rally. If you have cash. Put it in a storage box and dig a pit under your floor and hide it there. That is the only way to survive.If you have cash, buy stocks and the ask them issue the ceritificates and lock them in a box and don't open them till 2014.
Errr.... I am beginning to think even the printed money is worthless. The emperors are naked and its increasingly obvious now. Londonistan has already said it will print its way out of a recession.sarulan wrote:Its a bad idea to buy stocks now. IMHO stock market will tank further. All these are suckers rally. If you have cash. Put it in a storage box and dig a pit under your floor and hide it there. That is the only way to survive.If you have cash, buy stocks and the ask them issue the ceritificates and lock them in a box and don't open them till 2014.
Cash is king in recession. Worst has not yet come.
500 is incorrect. varied experience.CalvinH wrote:Sapient has fired 500 staff in India. Any more news on this from anyone here about type and experience of people laid off...
Layoffs & salary cuts (not in Sapient) are happening across the industry.Nayak wrote:Local cable news report 300 headcount laid off from Bangalore, Nodia and Gurgaon Sapient offices.
better idea is to grow vegetables, fruits or something which can be sold/bartered.Tanaji wrote:Errr.... I am beginning to think even the printed money is worthless. The emperors are naked and its increasingly obvious now. Londonistan has already said it will print its way out of a recession.sarulan wrote:
Its a bad idea to buy stocks now. IMHO stock market will tank further. All these are suckers rally. If you have cash. Put it in a storage box and dig a pit under your floor and hide it there. That is the only way to survive.
Cash is king in recession. Worst has not yet come.
Buy the big G - GOLD... better still buy the exotic stuff: platinum, radium etc. But not diamonds... Put it in a storage box and dig a pit under your floor and hide it there. That is the only way to survive.
Multi-state Visa Fraud Operation Nabs 11 in Operation Pacific Vision
http://www.imperialvalleynews.com/index ... 5&Itemid=2
Multi-state Visa Fraud Operation Nabs 11 in Operation Pacific Vision
Written by Imperial Valley News
Friday, 13 February 2009
Des Moines, Iowa - Immigration and Customs Enforcement (ICE) agents arrested 11 individuals in seven states Wednesday as part of an investigation into suspected visa and mail fraud. Matthew G. Whitaker, U.S. Attorney for the Southern District of Iowa, announced the operation, which was carried out by federal, state and local law enforcement agencies in Iowa, California, Massachusetts, Texas, Pennsylvania, Kentucky and New Jersey.
Vision Systems Group Inc., a New Jersey Domestic Profit Corporation with a branch office in Coon Rapids, Iowa, was also indicted in a 10-count federal indictment that included one count of conspiracy, eight counts of mail fraud, and one count of 'Notice of Forfeiture' in the amount of $7.4 million.
"Today's multi-state enforcement action is the result of an extensive, ongoing investigation into suspected H-1B visa fraud, mail fraud, and conspiracy," said U.S. Attorney Whitaker. "Dubbed "Operation Pacific Vision," this investigation is the result of outstanding cooperation and collaboration among law enforcement agencies at all levels of government."
The investigation is being conducted by ICE in collaboration with U.S. Citizenship and Immigration Services' Fraud Detection and National Security Division (FDNS); U.S. Department of Labor's Office of Inspector General; U.S. Postal Inspection Service (USPIS); U.S. Department of State; Social Security Administration's Office of the Inspector General, and is supported by the U.S. Attorney's Office for the Southern District of Iowa.
"This case highlights the Department of Homeland Security's commitment to identifying and dismantling visa fraud schemes," said Homeland Security Acting Assistant Secretary for ICE John P. Torres. "Ensuring the integrity of our nation's legal immigration system is a top priority for ICE."
"This is a prime example of how the Department of Homeland Security identifies fraud," said Michael Aytes, USCIS's acting deputy director. "Our adjudication officers can spot inconsistencies during the application process that ultimately led to the successful outcome we're seeing today. Visa fraud undermines the integrity of the immigration system and I'm proud that our officers have helped to ensure that the American people and our customers can continue to depend on a reliable system."
Federal authorities, with assistance from state and local law enforcement, served search warrants at addresses in Urbandale and Clive, Iowa; in Santa Clara, Rancho Cucamonga and Arcadia, Calif.; and in South Plainfield, N.J.
This investigation involves companies that sponsor primarily H-1B non-immigrants, or temporary workers in specialty occupations that require a particular expertise. The companies that are the subject of this investigation have asserted that the foreign workers have been brought to the U.S. to fill existing vacancies. However, the companies allegedly have not always had jobs available for these workers, thereby placing them in non-pay status after they arrive in the United States. In some cases, the foreign workers have allegedly been placed in jobs and locations not previously certified by the Department of Labor, displacing qualified American workers and violating prevailing wage laws.
The companies and foreign workers have allegedly submitted false statements and documents in support of their visa petitions. The false statements and documents were mailed or wired to state and federal agencies in support of the visa applications. The companies are suspected of visa fraud, mail fraud, wire fraud, money laundering and conspiracy.
"The foreign labor certification programs are designed to permit U.S. employers to hire foreign workers to fill jobs essential to American businesses," said Daniel R. Petrole, deputy inspector general, U.S. Department of Labor. "Our agency remains resolute in its commitment with its law enforcement partners to investigate fraud committed against these Department of Labor programs."
U.S. businesses use the H-1B program to employ foreign workers in specialty occupations that require theoretical or technical expertise in specialized fields, such as scientists, engineers, or computer programmers. As part of the H-1B program, the Department of Homeland Security (DHS) and the Department of Labor (DOL) require U.S. employers to meet specific labor conditions to ensure that American workers are not adversely impacted, while the DOL's Wage and Hour Division safeguards the treatment and compensation of H-1B workers. Congress sets a numerical cap for the admission of skilled workers into the U.S. The current H-1B cap is set at 65,000 visas per fiscal year. H-1B aliens can work in the United States for three years, with an option for an additional three years (for a maximum of six years).
Those arrested Wednesday by ICE agents include:
1. Shiva Neeli, arrested in Boston, Mass.; charged with conspiracy and mail fraud.
2. Ramakrishna Maguluri, arrested in Atlanta, Ga.; charged with conspiracy and mail fraud.
3. Villiappan Subbaiah, arrested in Dallas, Texas; charged with conspiracy and mail fraud.
4. Suresh Pola, arrested in Pennsylvania; charged with conspiracy and mail fraud.
5. Vishnu Reddy, arrested in Los Angeles, Calif.; charged with conspiracy, mail fraud and wire fraud.
6. Chockalingam Palaniappan, arrested in San Jose, Calif.; charged with conspiracy, mail fraud and wire fraud.
7. Vijay Myneni, arrested in San Jose, Calif.; charged with conspiracy and mail fraud.
8. Venkata Guduru, arrested in New Jersey; charged with conspiracy and mail fraud.
9. Praveen Andapally, arrested in New Jersey; charged with conspiracy, mail fraud, wire fraud, and making false statements in an immigration matter.
10. Amit Justa, arrested in New Jersey; charged with conspiracy and mail fraud.
11. Karambir Yadav, arrested in Louisville, Ky.; charged with conspiracy and mail fraud.
The maximum sentence for conspiracy is five years in prison and a $250,000 fine. The maximum sentence for mail fraud is 20 years in prison and a $250,000 fine. The maximum sentence for wire fraud is 20 years in prison and a $250,000 fine. The maximum sentence for making a false statement in an immigration matter is 10 years in prison and a $250,000 fine.
The Department of Homeland Security has a multifaceted approach to detecting and investigating immigration and benefit fraud. ICE's Document and Benefit Fraud Task Forces were created in March 2006 to target and dismantle criminal organizations that threaten national security and public safety and close vulnerabilities in the immigration process. USCIS created the Fraud Detection and National Security Division (FDNS) to enhance the integrity of the immigration systems and to identify persons who pose a threat to national security or public safety. Cooperation between FDNS and ICE has helped to increase the incidence of enforcement actions. More information on these initiatives is available at www.ice.gov and www.uscis.gov.
The following agencies investigated or assisted in this case: U.S. Attorney's Office, Southern District of Iowa; U.S. Immigration and Customs Enforcement; U.S. Citizenship and Immigration Services' Fraud Detection and National Security Division; U.S. Department of Labor's Office of Inspector General; U.S. Postal Inspection Service; U.S. Department of State's Kentucky Consular Center (a field office of the Bureau of Consular Affairs); U.S. Diplomatic Security Service; U.S. Marshals Service; Social Security Administration's Office of Inspector General; Internal Revenue Service's Criminal Investigations; Des Moines Police Department; West Des Moines Police Department; Iowa Department of Transportation's Motor Vehicle Enforcement Office.
As with any criminal case, a charge is merely an accusation; a defendant is presumed innocent until and unless proven guilty. Because this investigation is in its early stages, it would be inappropriate to provide further details on the case at this time. As this is an open federal investigation, until further notice, the media is asked to direct any inquires on Operation Pacific Vision to the U.S. Attorney's Office, Southern District of Iowa's Public Information Officer, Mike Bladel at (515) 473-9342. No other agency is authorized to respond to questions on this matter.
clickyVishnu Reddy, who was arrested in Los Angeles on conspiracy, mail fraud and wire fraud charges and named in a separate indictment, was identified as the president of Pacific West Corporation, of Santa Clara, Calif. Another indictment named Praveen Andapally, who was arrested in New Jersey on conspiracy, mail fraud, wire fraud and for false statement in immigration matter. He identified as president of Venturisoft Inc., of South Plainfield, N.J.