Bloodbath – Massive Layoffs Coming In Indian IT Sector…

Bloodbath - Massive Layoffs Coming In Indian IT Sector...
Photo courtesy: Google

The Indian tech sector and IT industry is facing multiple negative growth trends – a general slowdown in growth from nearly 10% to around 5%+, the recent US visa restrictions and change from the typical IT services to a digital platform model. Almost every established Indian based IT company has started making sizable cuts in headcount of at least 10% starting with the more senior / experienced staff – VPs, Directors, Program Managers, but the cuts are expected to hit less experienced employees. You name the company – Wipro, Infosys, Cognizant, CapGemini, TCS and on and on. Some say the cuts could be comparable to the great recession of 2008-2010? One possible saving grace is the fast growing digitization been driven by Indian central and state governments.

Source: Times of India

Visit www.werindia.com OR Hindi.werindia.com to read news from 500+ news sources... आपका अपना डिजिटल अख़बार |



     
  • 10 May 2017
  • WerIndia

Leave a Reply


Recommended for you

Your Opinion

In 1989-90, with Rajiv Gandhi as PM and Farooq Abdullah as CM, 400,000 Kashmiri Pandits, Sikhs & Others FACED GENOCIDE - were slaughtered or forced to leave Kashmir overnight. "The Kashmir Files" shows only a small part of this. Should a Kashmir Genocide Law be made and the atrocities be fully investigated?

View Results

Loading ... Loading ...

View Older Polls

आपकी राय

1989-90 में, राजीव गांधी के प्रधान मंत्री और फारूक अब्दुल्ला के मुख्यमंत्री के रूप में, 400,000 कश्मीरी पंडितों, सिखों और अन्य लोगों को नरसंहार का सामना करना पड़ा - या तो रातों-रात कश्मीर छोड़ने के लिए मजबूर होना पड़ा । "द कश्मीर फाइल्स" इसका एक छोटा सा हिस्सा ही दिखाता है। क्या कश्मीर में हुए नरसंहार पर कानून बनाया जाना चाहिए और अत्याचारों की पूरी जांच होनी चाहिए?

View Results

Loading ... Loading ...

View Older Polls