why is syntel a bad company?
Syntel has been facing various issues over the last few years such as alleged age discrimination, high employee attrition, and poor management. As a result, it has not been performing well and its stock price has been significantly declining. Due to these issues, it has become a "bad company" to work for.
Syntel is considered a bad company because it outsources its work to countries where labor is cheaper, resulting in lower wages and working conditions for employees. Syntel has also been sued for gender-based discrimination by its female employees. In addition, it has also been found guilty of tax fraud and paying illegal kickbacks. Finally, the company has experienced a decline in performance due to its lack of investment in research and development and failure to adapt to digital transformation.
Syntel has been facing various issues over the last few years such as alleged age discrimination, high employee attrition, and poor management. As a result, it has not been performing well and its stock price has been significantly declining. Due to these issues, it has become a "bad company" to work for.
Syntel is considered a bad company because it outsources its work to countries where labor is cheaper, resulting in lower wages and working conditions for employees. Syntel has also been sued for gender-based discrimination by its female employees. In addition, it has also been found guilty of tax fraud and paying illegal kickbacks. Finally, the company has experienced a decline in performance due to its lack of investment in research and development and failure to adapt to digital transformation.