Hi, I am working in one of the companies in Hyderabad, India. I joined this organization in December 2010, but since I was on the bench, I mentioned that I couldn't be relocated for at least 6 months while accepting the offer letter. Today, the HR executive called me and informed me that I had been terminated as they do not have any more projects and the company's business is not doing well. This has also happened to 10 more friends of mine who were sitting on the bench with me. They are not willing to give a 2-month notice period either.
The HR is asking me to submit the resignation papers on Monday, the 18th of April, so that they can send me the relieving letter within 15 days. Otherwise, they have mentioned that they can issue a termination letter.
Please suggest, should I submit the resignation or wait for the termination letter? Which option is better? How can I move forward when the company is behaving like this, knowing they did not have projects as early as January 2011, and now asking me to leave in 15 days?
Thank you.
The HR is asking me to submit the resignation papers on Monday, the 18th of April, so that they can send me the relieving letter within 15 days. Otherwise, they have mentioned that they can issue a termination letter.
Please suggest, should I submit the resignation or wait for the termination letter? Which option is better? How can I move forward when the company is behaving like this, knowing they did not have projects as early as January 2011, and now asking me to leave in 15 days?
Thank you.