IT Sector
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Trends
Why Is Infosys Keeping 2,000 Freshers Waiting For 2 Years? Is This The New Norm For The IT Industry?
In a shocking turn of events, Infosys, one of India’s largest IT giants, has come under intense scrutiny for its…
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Trends
14 Hours A Day, The New Work Proposal For Techies That The Karnataka Govt Proposes; Too Tall An Order, What Do Techies Say?
The 14-hour work day proposal by Karnataka CM Siddaramaiah has caused much uproar in the IT sector; employees and trade…
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Trends
IT Professionals In The Red, Pay Checks Down By 40%; EV Sector Sees Green, Rising Demand For Expats, Increased Hiring In Tech, Engineering, R&D Roles.
As India's IT sector undergoes economy-driven shifts, the one fallout apart from layoffs is particularly being felt in the realm…
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Trends
Cisco Follows Other IT Majors Announces 4000 Or More Job Cuts, Reduces Annual Revenue Forecasts; Why Is Big Tech Still Cutting Jobs?
The tech industry is currently grappling with tough challenges - managing a ballooned workforce during the pandemic, dipping revenue and…
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Trends
Challenges Continue As IT Biggies Witness Headcount Decline, Drastic Pay Cuts, and Hiring Freeze Over Four Quarters
Once considered a sector for tremendous opportunity, India’s IT sector offered lucrative salaries, rapid promotions, extensive travel opportunities, and many…
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Trends
Unemployment Rate In India One Of The Highest In Last Few Years; Stands At 42% For Young Graduates Aged Under 25; A True Barometer Of India’s Growth Story?
In the din of economic statistics and projections, one figure stands out sharply – India’s unemployment rate surged to 10.05%…
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Trends
Major Indian IT Players Apply Brakes Amid Concerns FY24 Being A ‘Washout’ Year Announce Drastic Cuts In Pay Hikes, Promotions And Hirings; Look To Reboot In FY25
The Indian IT sector is currently undergoing a challenging phase, and analysts project a difficult fiscal year in 2024. The…
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Trends
TCS Faces Challenging Fiscal Year May Grow In “Very Moderate Single Digits;” CEO K Krithivasan
Tata Consultancy Services (TCS) is entering a challenging fiscal year with the prospect of registering its slowest annual growth ever. …
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Trends
Reshaping Strategies: Indian IT Giants Adapt to Economic Challenges, Slowing Hiring
Reshaping Strategies: Indian IT Giants Adapt to Economic Challenges, Slowing Hiring In a strategic shift that reflects the evolving landscape…
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Trends
After Infosys, HCL Technologies Revises Its FY24 Guidance, As Challenges Loom Over India’s IT Sector, A Look at Ongoing Headwinds and Prospects For FY24
The Indian IT sector is currently undergoing a tough phase primarily due to the macroeconomic challenges of 2023. This year…
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