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Reload this Page layoffs and sackings
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  #1 (permalink)
Old 16th February 2008, 11:00 AM
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Default layoffs and sackings
well the alarm bells haven't started ringing for all those newbies and aspiring entrants in the it sector. Weakening dollar and strengthening rupee are spelling trouble for lots of techies who have already lost their jobs and many more who are to lose their jobs in the coming months. Does this signal the end of india as a major software hub?? does this mean we will no longer enjoy the same monopoly we have enjoyed in the software sector? does this mean it would be getting real tough for freshers from other trades to breakthro' into it? and will that in turn mean that we will have a steadily increasing number of jobless techies?
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  #2 (permalink)
Old 16th April 2008, 03:50 PM
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Default Re: layoffs and sackings
Well my dear friend this proves one simple fact
"Change is the rule of nature"

Until now, software industries in India were going through heaven now they got to go through hell.

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Originally Posted by mahul View Post
well the alarm bells haven't started ringing for all those newbies and aspiring entrants in the it sector. Weakening dollar and strengthening rupee are spelling trouble for lots of techies who have already lost their jobs and many more who are to lose their jobs in the coming months. Does this signal the end of india as a major software hub?? does this mean we will no longer enjoy the same monopoly we have enjoyed in the software sector? does this mean it would be getting real tough for freshers from other trades to breakthro' into it? and will that in turn mean that we will have a steadily increasing number of jobless techies?
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Old 16th April 2008, 06:07 PM
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Default Re: layoffs and sackings
hahaa.. no, we have already been through hell ... remember the year 2002 and the dotcom bust. Have any of you read the paper recently? Infosys has announced a projected growth rate of 21%.
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Old 22nd April 2008, 04:52 PM
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Default Re: layoffs and sackings
Well, then you are gonna go through hell again.



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hahaa.. no, we have already been through hell ... remember the year 2002 and the dotcom bust. Have any of you read the paper recently? Infosys has announced a projected growth rate of 21%.
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Old 22nd April 2008, 08:18 PM
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Default Re: layoffs and sackings
Quote:
Originally Posted by kidakaka View Post
hahaa.. no, we have already been through hell ... remember the year 2002 and the dotcom bust. Have any of you read the paper recently? Infosys has announced a projected growth rate of 21%.
Infosys mentioned in the local paper in Malaysia too!

Anyway, if indeed the software industry will go through "hell", it won't be as bad as before. Its just following the business cycle.. the trend will always be positive if the country as a whole is progressing. Just imagine a sinusoidal wave following a positive slope
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Old 24th April 2008, 06:45 PM
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Default Re: layoffs and sackings
Quote:
Originally Posted by vivekji View Post
Well, then you are gonna go through hell again.
Why, what makes you think that we are going to see the dot com bust of 2002 again ...
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Old 30th April 2008, 01:49 PM
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Default Re: layoffs and sackings
The law of proability Mr.Kid
Quote:
Originally Posted by kidakaka View Post
Why, what makes you think that we are going to see the dot com bust of 2002 again ...
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