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France's Atos Boosts US Presence With $3.4 Billion Syntel Acquisition (reuters.com)
French IT services company Atos is boosting its North American operations with a $3.4 billion cash deal to buy Michigan-based IT services provider Syntel. From a report: Atos, which provides IT services to sectors ranging from aerospace to retail, said the deal, announced Sunday, to buy Syntel will strengthen its activities in banking, finance and insurance and allow it to provide complete IT solutions to its U.S. customers. "[The deal] will significantly enhance [the Business & Platform Solutions Division's] growth and profitability profile through an extended digital services offering, cutting-edge India-based delivery platforms, as well as revenue and cost synergies," Atos Chief Executive Thierry Breton said in a statement.
Having had the pleasure with dealing with an ATOS assessor who then lied of the assessment report I do not trust them one bit.
I work for Atos. My company was also acquired by them. It has been nothing short of horrible, and this is years into the takeover. You will face extreme layoffs, budget reductions, no raises, and just a general feeling of incompetence and wonder for a company with so much money. Syntel employees: run. Iâ(TM)m not kidding. Get out now.
I work for Atos. My company was also acquired by them. It has been nothing short of horrible, and this is years into the takeover. You will face extreme layoffs, budget reductions, no raises, and just a general feeling of incompetence and wonder for a company with so much money. Syntel employees: run. Iâ(TM)m not kidding. Get out now.
I worked for a French company too on a previous job here in the USA. I refuse to name them because few of heard of them and even years later I've still got grudges against them. Best thing I can do to them is to never mention their name so people in the USA continue to never hear of them.
I do like the French people in general and I would say that the company probably had the best benefits I've ever had in the industry. On the downside, the French are control freaks like you can't even imagine. No matter what Syntel is doing, it's only a matter of time before French management decides to do things differently. Even if it makes no sense, it won't matter because I can assure Syntel employees that nobody in Atos will respect them or what they have done and will believe that once Atos starts taking a bigger role in day to day activities, things will only get better. Additionally they don't like American employees because they don't get paid slave wages, so look for Atos to either try to ramp up H1B hiring big time (if they can - not sure under the current administration how effective that plan is) or start moving jobs off shore to cheaper locations who also speak English. If you read this and you work for Syntel, you need to get your resume ready. You may need it. If you can speak French fluently, it can buy you some time, but even a completely fluent speaker I worked with (she was American, but born in the USA to immigrant French parents who taught her the language) got laid off about 3 years after they came for me and my department. If Syntel has any French citizens there, they'll do OK. The French do look out for their own. And in my former company they pretty much kept everybody who wasn't born in the USA, even if they weren't French citizens. So look forward to a lot of unspoken anti-American prejudice towards those of you who try to stay who actually are Americans. Once the layoffs start, you'll need to be prepared to hit the ground pretty quickly. Most of the people laid off where I worked got zero notice.
"You don't frighten us, English pig-dogs! Go and boil your bottoms, sons of a silly person! I blow my nose at you, so-called Ah-thoor Keeng, you and all your silly English K-n-n-n-n-n-n-n-niggits," Atos Chief Executive Thierry Breton said in a statement.
Just wondering. I may put in a bid.
Fucking SHATOS more like.
"[The deal] will significantly enhance [the Business & Platform Solutions Division's] growth and profitability profile through an extended digital services offering, cutting-edge India-based delivery platforms, as well as revenue and cost synergies," Atos Chief Executive Thierry Breton said in a statement.
It's not often that a takeover is so honest about planning to outsource and can the existing employees.
One example of their incompetence
https://www.manchestereveningn...
Never deal with Atos. Ever. If you see Atos, run for the hills. Especially if it is the one selling organs.
I've seen and been personally subjected to some of their "better work" (read:bad) in the UK where they have made millions of people suffer and made mad money off of it in the process.
I speak of the Work Capability Assessment scandals they have been in.
So-called "doctors" assessing people for welfare claims and outright lying about them with no shame.
I've had one doctor lie her ass off about me when I was ill for a period.
Such gems as "takes his dog for walks regularly", a dog which had a really bad hip at the time and could barely walk, which ended up being put down several months later since it had been brewing a little tumor in its leg which spread everywhere.
Another gem was "came to assessment alone and had no problems with travel", despite being very visibly with my uncle, and at the time could barely walk or travel anywhere for any length of time.
In fact, funnier yet, that week I was also particularly ill and almost ended up in hospital after losing considerable weight. (like, I was in hospital pretty much half a day from death. Nothing much.
He also said I had an abnormal gait, a period where I was inactive for long periods due to illness, which led to muscle weakness.
One of my uncles had a doctor say, I shit you not, "how can you get an ulcer on your leg?", saying he was lying outright to his face. He almost punched the fucker. Dude had an ulcer in his ankle that made a hole right through his damn thing. The cheek is astounding! It's almost comical if it weren't for the chaos they have caused.
A company which has made millions kicking people off welfare and pocketing the money themselves.
A company which is directly and indirectly responsible for the premature death (including many suicides) of thousands of vulnerable, chronically ill people, and the worsening of health for many millions more.
Atos. Not even once.