skd
01-08 01:20 PM
With a big questions mark on its cash position and a minimum outgo on salary estimated at Rs 500 crore a month, Satyam may lay off over 10,000 employees next month, says a recruitment firm.
"It is most likely that Satyam will cut 10,000 jobs next month as the company is left with no cash to pay the salaries. The current fiasco is likely to put pressure on salaries, which may reduce by 10 per cent due to the surplus of about 20,000 people in the jobs market," Headhunters India CEO Kris Lakshmikanth said.
Satyam interim CEO Ram Mynampati while admitting that the cash position is not encouraging, the company, however, has taken care of salary for December. Lakshmikanth said till Tuesday evening there were about 7,800 people from Satyam who had posted their resumes on job sites and by Wednesday afternoon, it has gone up to 14,000.
The uncertainty about jobs is killingly painful for the 53,000 employees of Satyam, especially when the industry is going slow on recruitment. Further, possibility of a takeover too looks distant as the accounting fraud done by the company would make it difficult for any firm to evaluate its correct market value, which is compounding the worries of the employees.
IT-BPO union Unites Professionals general secretary Karthik Shekhar said, "In case of any lay off at Satyam, we may take legal action." "We have received over 7,000 hits since the news break.
On Wednesday, in one hour we have seen over 800 hits (no of people visiting the site) from Hyderabad. People have been enquiries on how the union can help them," Shekhar added.
"It is most likely that Satyam will cut 10,000 jobs next month as the company is left with no cash to pay the salaries. The current fiasco is likely to put pressure on salaries, which may reduce by 10 per cent due to the surplus of about 20,000 people in the jobs market," Headhunters India CEO Kris Lakshmikanth said.
Satyam interim CEO Ram Mynampati while admitting that the cash position is not encouraging, the company, however, has taken care of salary for December. Lakshmikanth said till Tuesday evening there were about 7,800 people from Satyam who had posted their resumes on job sites and by Wednesday afternoon, it has gone up to 14,000.
The uncertainty about jobs is killingly painful for the 53,000 employees of Satyam, especially when the industry is going slow on recruitment. Further, possibility of a takeover too looks distant as the accounting fraud done by the company would make it difficult for any firm to evaluate its correct market value, which is compounding the worries of the employees.
IT-BPO union Unites Professionals general secretary Karthik Shekhar said, "In case of any lay off at Satyam, we may take legal action." "We have received over 7,000 hits since the news break.
On Wednesday, in one hour we have seen over 800 hits (no of people visiting the site) from Hyderabad. People have been enquiries on how the union can help them," Shekhar added.
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ilikekilo
04-13 04:27 PM
I recently moved to IL, I would like to join the IL state chapter.. please advise
prdgl
02-22 10:09 PM
Yes these emails to congressmen will never be that effective as really walking in the streets of DC. I lived in DC for more than 2 yrs.
In that 2 yrs period I saw several protests and walks. One of those are from illegal aliens. If they are doing then we MUST do this.
We need to really ROLL UP our sleeves and get into the business here before April/June (when something will happen)
Shall I book my tickets ?
In that 2 yrs period I saw several protests and walks. One of those are from illegal aliens. If they are doing then we MUST do this.
We need to really ROLL UP our sleeves and get into the business here before April/June (when something will happen)
Shall I book my tickets ?
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Legal
07-15 01:59 PM
We will see some kind of RFEs for July-Aug 2007 I-485 filers during Oct-Dec 2008 timeframe when USCIS has ample time in processing the I-485 petitions.
They should assign the GC numbers available for the current fiscal year before Sep30th2008. Based on the various numbers and analyses on the EB-2 India numbers posted by the IV members I'm betting most 2004, 2005 cases should clear out in the next 2 months.
Folks at USCIS "cleared out" something like 50k visa numbers last June precipitating the July 07 visa bulletin fiasco.
I'm also skeptical about the claim of some members that EB-2 India numbers will retrogess severely in October 2008. The cut off date may move backwards or forwards a little bit, unlikley to have severe retrogression.
They should assign the GC numbers available for the current fiscal year before Sep30th2008. Based on the various numbers and analyses on the EB-2 India numbers posted by the IV members I'm betting most 2004, 2005 cases should clear out in the next 2 months.
Folks at USCIS "cleared out" something like 50k visa numbers last June precipitating the July 07 visa bulletin fiasco.
I'm also skeptical about the claim of some members that EB-2 India numbers will retrogess severely in October 2008. The cut off date may move backwards or forwards a little bit, unlikley to have severe retrogression.
more...
nchendica
04-25 01:50 PM
Get your degrees evaluated by the certified evluators and add your experience to be qualified or you can go for EB 3 but your priority date will remain the same. A friend of mine was in the same boat, but had 3 years commerce college and 2 years MBA from UK and was in his 9th year of H1, I 140 was denied. He appealed and REAPPLIED I 140 with all the evaluations, he got approval in less than a month but EB3 with the same old priority date.
Good Luck..
Ramesh
Thanks for your update Ramesh. My labor substituion is EB2. Prior to the filing I have 12 years of experience with 18 years of education. Now going for EB3 is filing a new labor under EB3 or file a new I-140 and say it is EB3 and not EB2. Could you please help me by providing more info on this?
Thanks,
Naga
Good Luck..
Ramesh
Thanks for your update Ramesh. My labor substituion is EB2. Prior to the filing I have 12 years of experience with 18 years of education. Now going for EB3 is filing a new labor under EB3 or file a new I-140 and say it is EB3 and not EB2. Could you please help me by providing more info on this?
Thanks,
Naga
vamsi_poondla
10-02 04:18 PM
Get hold of a qualified immigration attorney and ask for a paid advice.
more...
irha
12-06 07:20 PM
Its the courtesy of USCIS and highlighting of our problems by IV made USCIS to issue cards for 2 years... there is no requirement that it should be as such... in general any EAD unless its L* is generally issued for 1 year with exception of C09-employment category where they are issued in looking at Priority date [ofcourse there are other exceptions like asylum... etc] if they dont get biometrics from their repository at the time of printing , they waive some of the features like fingerprint, signature etc.
Thanks for the explanation, now I understand why my wife got only 1yr validity, where as I got 2yr. In reality my wife got only 11 months validity, as the from date started a month before we actually received it in the mail. It is a big pain and expense to renew every 11 months, if this is the case. Another gripe is that my validity started 2 months before the current one expired, effectively reducing the 2yr to 1yr and 10 months. It still better than 1yr, but I don't understand why they get simple things like this wrong.
It is funny that I used to wait until the last minute to renew my car registration when I first arrived in the US, thinking I would loose time, but when I learned that that is not the case, I started registering at my convenience. Since EAD renewal is not as simple, we tend to apply early, and that results in getting some time lost. How early do you normally apply?
Thanks for the explanation, now I understand why my wife got only 1yr validity, where as I got 2yr. In reality my wife got only 11 months validity, as the from date started a month before we actually received it in the mail. It is a big pain and expense to renew every 11 months, if this is the case. Another gripe is that my validity started 2 months before the current one expired, effectively reducing the 2yr to 1yr and 10 months. It still better than 1yr, but I don't understand why they get simple things like this wrong.
It is funny that I used to wait until the last minute to renew my car registration when I first arrived in the US, thinking I would loose time, but when I learned that that is not the case, I started registering at my convenience. Since EAD renewal is not as simple, we tend to apply early, and that results in getting some time lost. How early do you normally apply?
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mheggade
03-25 09:44 AM
I got H1B extension approval email on March 20th.
Filing date Nov 10th.
Filing date Nov 10th.
more...
natrajs
08-13 05:16 PM
I wanted to get an idea how many EB2 guys would be willing to visit DC to meet lawmakers to help out our EB3 brothers. Unquestionably all EB3 should be willing to visit. This is the chance to show that IV is indeed one.
Refering to this thread
http://immigrationvoice.org/forum/showthread.php?t=20858
Dear Friend
I have done it in the past and will do it again
You can count me in
Refering to this thread
http://immigrationvoice.org/forum/showthread.php?t=20858
Dear Friend
I have done it in the past and will do it again
You can count me in
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pappu
08-17 08:29 PM
/\/\/
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thescadaman
12-10 12:31 PM
The main issue is not the expiry date of the DL, the issue is why make us verify all the documents and add the 6 month validity constraint even for "Change of Address" requests, and why give us a completely different Vertical Style DL unlike the standard Horizontal style DL.
Also, I have not reached that stage, but what happens with people with EAD? You have to renew every year and can renew only 120 days before Expiry. The expiry date of DL and expiry date of EAD will keep chasing each other and at some point you will LOCKED OUT of DL because of the 6 months validity constraint...
People from other states = Do you have to go through the whole verification process even for "change of address" requests?
Also, I have not reached that stage, but what happens with people with EAD? You have to renew every year and can renew only 120 days before Expiry. The expiry date of DL and expiry date of EAD will keep chasing each other and at some point you will LOCKED OUT of DL because of the 6 months validity constraint...
People from other states = Do you have to go through the whole verification process even for "change of address" requests?
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shaikhshehzadali
09-25 10:24 AM
My AP online status says mailed on Sep 11 th. I have not received them yet.
My wife AP online status said Sep 11 th. We received them on Sep 21 st.
Even mine was approved on 18th september...Neither me nor my attorney has received it...It's frustrating..I have to travel to India next week..
I received my EAD card in 4 days...I don't know why this is taking so much time.
My wife AP online status said Sep 11 th. We received them on Sep 21 st.
Even mine was approved on 18th september...Neither me nor my attorney has received it...It's frustrating..I have to travel to India next week..
I received my EAD card in 4 days...I don't know why this is taking so much time.
more...
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Sheetal81
08-23 04:46 PM
We got our EAD in the mail today - We are late June filers (29th June) and got our receipt numbers last week, - I have some q's-
-Can one get EAD without completing FInger printing? In the finger priniting colum on the EAD it says - not available, Would that matter?
-How does one activate his/her EAD?
-Have any other late june filers already got their EAD?
Thanks
Sheetal
-Can one get EAD without completing FInger printing? In the finger priniting colum on the EAD it says - not available, Would that matter?
-How does one activate his/her EAD?
-Have any other late june filers already got their EAD?
Thanks
Sheetal
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UNFLUX
05-21 10:43 AM
looks good dan, even for 30min. I love the colors too, and the angle you chose is nice. I don't think you did something poor at all. ;)
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sc3
08-13 08:03 PM
Dear IVans,
Now that the SEP VB is out, what does this indicate in terms of
- future VBs
- visa availability in the coming months
- awareness about visa wastage
- dates becoming current for most EB categories
- light at the end of tunnel for most of us
- USCIS efficiencies
Pls share your thoughts. Thanks!
USCIS is not efficient, and in fact they are playing with EB3s. There needs to be better transparency, and better adherence to the laws.
Now that the SEP VB is out, what does this indicate in terms of
- future VBs
- visa availability in the coming months
- awareness about visa wastage
- dates becoming current for most EB categories
- light at the end of tunnel for most of us
- USCIS efficiencies
Pls share your thoughts. Thanks!
USCIS is not efficient, and in fact they are playing with EB3s. There needs to be better transparency, and better adherence to the laws.
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techbuyer77
09-17 02:17 PM
Techbuyer,
When did you file your I485. Reason I ask this is because if the dates are not current, how were you approved your gc if you are eb3 and your pd is 2004 jan ?
Beats me. I dont know.
When did you file your I485. Reason I ask this is because if the dates are not current, how were you approved your gc if you are eb3 and your pd is 2004 jan ?
Beats me. I dont know.
more...
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meridiani.planum
03-03 01:51 PM
Thanks for starting this thread. I had completely forgotten about my passport expiring in Jun 2008. I have a question. Is it mandatory to fill name of spouse on the renewal form, if you are married. Let me know.
Thanks
no its not.
Thanks
no its not.
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needhelp!
03-17 12:56 PM
IV does have a very large reader base and I do agree to an extent that this is free advertisement for the lawyers, and no real benefit coming to this community from it.
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meridiani.planum
12-14 02:41 AM
Can somebody explain how unused visas are recaptured?
Will unused RoW EB-1 be given to the most retrogressed category (EB-2 India)? Or will they go to EB-2 RoW? What does the law state? Will per-country quotas apply when unused visas are used?
There is no clearcut guideline on how overflow is supposed to work. From people's experiences this is what USCIS has been doing:
unused RoW EB-1 goes to RoW EB-2
unused RoW eb-2 goes to RoW EB-3
until the last quarter of the year unused RoW EB-3 stayed unused.
In the last quarter, unused RoW EB-3 spill over into all other countries irrespective of whether the country has hit its cap or not. a complete free-for-all...
Will unused RoW EB-1 be given to the most retrogressed category (EB-2 India)? Or will they go to EB-2 RoW? What does the law state? Will per-country quotas apply when unused visas are used?
There is no clearcut guideline on how overflow is supposed to work. From people's experiences this is what USCIS has been doing:
unused RoW EB-1 goes to RoW EB-2
unused RoW eb-2 goes to RoW EB-3
until the last quarter of the year unused RoW EB-3 stayed unused.
In the last quarter, unused RoW EB-3 spill over into all other countries irrespective of whether the country has hit its cap or not. a complete free-for-all...
hopefullegalimmigrant
04-18 07:23 PM
You are right! I should have addressed him as Mr. President.
techbuyer77
09-17 01:34 PM
That is the point. It was not of your own volition.
Also, there is no rule that says citizenship is not available to people who do not work for the sponsoring employer for a certai nperiod of time after GC approval. It is just good practice to stick around for a few months after approval, but it is not law.
You will have no trouble. Change your status from bittersweet to sweet and have fun. Also, good luck finding a new job.
Thanks! I have a job already (my bills cannot wait for USCIS) Thanks, thanks thanks thanks!!!
Also, there is no rule that says citizenship is not available to people who do not work for the sponsoring employer for a certai nperiod of time after GC approval. It is just good practice to stick around for a few months after approval, but it is not law.
You will have no trouble. Change your status from bittersweet to sweet and have fun. Also, good luck finding a new job.
Thanks! I have a job already (my bills cannot wait for USCIS) Thanks, thanks thanks thanks!!!
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