Perform or Perish, is the order of the day.This has become a slogan in many of the Indian private companies. Earlier days they used to say hire and fire. But now this is changed. Perform or perish.
The present condition of many private Organisations including IT sector are not performing as expected. They are facing lot of threats. So every company is trying to reduce their liabilities. Down sizing of Employees is one such act. IT industries in earlier years brought revolution in salaries and job potential. They were not getting required people and they started paying high salaries. Those days manufacturing industry is not able to get good candidates because of IT. Then they were also forced to increase the levels of salaries. Now good manufacturing companies are paying good salaries. Slowly there is a change now. Industry in general and IT in particular is not very well. So they are advising all the employees to perform other wise they are ready to terminate them. Work levels also increased very high there. So we may see a little difficult times in future.
Only those people we are performing will continue and non performers will perish. This is common in all private Industries.