Slowdown in Indian IT industry hiring in 2013 - 2014
@thebigk
•
Oct 26, 2024
Oct 26, 2024
1.1K
The IT industry in India isn't doing very well these days. That's the reasons the entry level salaries offered to engineering graduates have almost stagnated in the past ~3 years and the situation isn't likely to change anytime soon. Recently, TCS CEO said that he expects his and other companies to slow down the overall hiring process this year. Read: #-Link-Snipped-#
Indian IT has been one of the 'bulk' recruiters in Indian Engineering colleges. TCS, for example, hires about 60% of their employees every year through various engineering college campuses. However, that situation may change in the coming months.
In the year 2012, a lot of people experienced that the IT companies delayed the joining dates of the fresh graduates. If I'm not mistaken, a lot of 'joining letters' are still being sent to the candidates who were hired in the 2011-2012 placement season.
What do you think is happening to IT and whether the situation is likely to change in coming days?
Indian IT has been one of the 'bulk' recruiters in Indian Engineering colleges. TCS, for example, hires about 60% of their employees every year through various engineering college campuses. However, that situation may change in the coming months.
In the year 2012, a lot of people experienced that the IT companies delayed the joining dates of the fresh graduates. If I'm not mistaken, a lot of 'joining letters' are still being sent to the candidates who were hired in the 2011-2012 placement season.
What do you think is happening to IT and whether the situation is likely to change in coming days?
