Red Alert: 65% of IT techies may lose jobs
Capgemini India chief Srinivas Kandula feels that most of the nearly 4 million IT workforce comes from low-grade engineering colleges that do not have a proper grading system to show a good record. Many are untrainable in the new skills needed. 65% may risk losing jobs.
Is this another doomsday projection or is there some truth in this dismal analysis? Apparently the students could not answer questions on their last semester work even.
Where has engineering teaching failed?
Clipping of The New Indian Express Group - The New Indian Express-Bengaluru
Is this another doomsday projection or is there some truth in this dismal analysis? Apparently the students could not answer questions on their last semester work even.
Where has engineering teaching failed?
Clipping of The New Indian Express Group - The New Indian Express-Bengaluru
Replies
-
Kaustubh KatdareThat's unfortunately true; but not entirely shocking. The automation is taking over and machines are way better at doing mundane jobs. For corporates that must generate profits, cutting down on the salaries is the best way to save expenses.
What's shocking is that this time, it's the mid and senior management staff that's going to face the axe. I was talking to my friend who works at Infosys. He said that even Infosys is looking to adopt automation to take care of the costs.
I just hope this doesn't happen just as being projected. Sometimes CEOs just have to 'float' such news to see immediate rise in productivity. It should last for good 3-4 months. Fear, after all, is one of the BIGGEST motivator.
You are reading an archived discussion.
Related Posts
LG, the south Korean multinational electronics company has recently invited all its newsletter subscribers to an open event to be placed in Delhi on February 22. This is not the...
Apple has acquired 'RealFace' an Israeli startup that specialises in facial recognition. While the terms of the deal have not been made official yet, Israeli media is reporting the deal...
Money is hard to come by these days, but if you have it, then Flipkart is one of those shopping destinations you must immediately tune in to. Flipkart is currently...
The Chinese are building world's first ever exascale supercomputer Tianhe-3. But before we go any further, let's first understand what number does 'quintillion' represent and get our minds blown. Here...
I want to write a program using C language and store it on an AT89C51 to run it.
Can you please tell me what devices I need to achieve this...