Pink Colour chosen by Big corporates instead of fashion in the form of Pink Slip

For the past one month, If you are reading Newspaper or watching TV, then you might have come across the word "Pink Slip" and that too along with many big MNC's like Satyam, Wipro, Infosys, TCS and recently now Jet Airways, Kingfisher Airlines.

Few articles:
12/ Sep/2008 Satyam fires 400 employees
Hyderabad-based company has reportedly given pink slips to some 400 engineers and associates at its Hyderabad, Pune and Visakhapatnam centres.

9/ Sep/2008 Wipro gives pink slip to 1,000
Wipro Technologies has put about 4-5 per cent of its workforce, about 2,400-3,000 employees, under the scanner for non-performance. Company sources reveal that about 1,000 employees have been asked to leave.

No idea, what exactly this Pink Slip means and where did this concept come from. This led to write this post about Pink Slip. My next thind to do was Google about Pink Slip. Infact there is a Lingerie company by "Pink Slip" [:P] (Search Pink Slip in Google, 3r result is Pink Slip Lingerie fashion...)

According to Wiki, Pink slip refers to the American practice, by a personnel department, of including a discharge notice (printed on pink paper) in an employee's pay envelope to notify the worker of his or her termination of employment or layoff.
The term is first recorded in 1906; originally the color of the paper had no particular significance.

In the UK and Ireland the equivalent of a pink slip is a P45, in Belgium the equivalent is known as a C4.

These Pink Slip was associated with Indian IT MNC's and now with Airlines. So, which is going to be the next successor of Airlines..Lets wait and see