Recession Time.. America Crisis

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  andenagaveni24

  you need not worry friend.......what ever it may be the companies go ahead with their schedule ......most of the MNCs have plans to take up new projects so they are going to recruit many candidates this year....already recruitments started in many of the grade A colleges.......
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  Kaustubh Katdare

  andenagaveni24

  you need not worry friend.......what ever it may be the companies go ahead with their schedule ......most of the MNCs have plans to take up new projects so they are going to recruit many candidates this year....already recruitments started in many of the grade A colleges.......

  What makes you think so? Lot of companies are already postponing joining dates of candidates. They are only 'recruiting' to give the market an indication that they're doing absolutely well. It's all about protecting shareholder's faith in them.
  
  I'm thinking there will be massive layoffs, especially in IT companies in coming months.
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  Sahithi Pallavi

  You are absolutely right, Biggie. I heard the news that lot of companies are more postponing the dates. Infosys candidates recently got their appointment letters - their joining dates are in January and February. TCS and Wipro candidates haven't get their letters. 😔
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  andenagaveni24

  yes friends most of the people thinking in the same way ....but some kind of ambiguity strikes my mind. 😕...today i read in "The Hindu" which read as follows:
  
  Reacting to the economic crisis in the US, National Association of Software and Services Companies on monday said the current situation would not have any impact on the Indian IT industry. Although the global economic environment is a cause for concern, it is not likely to impact the Indian IT industry,in the near time future.........
  
  I am an Indian and getting tensed sometimes really whether the IT companies hire this time or not...but the american S & P rate may bounce back under the leadership of the stalwart and dynamic leader, Barack Obama........lets hope for the best😔
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  Kaustubh Katdare

  Did anyone care to watch the Zeitgeist movie. If you want to know about how money works and why US is in crisis, watch the second video here: #-Link-Snipped-#