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  • Indian IT giant WIPRO sacked over 1000 employees - one of the leading newspaper reported here -

    #-Link-Snipped-#


    ...and obviously others are going to follow the trend. What do you think guys? The circle is now full - IT services bubble bursting? huh?
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  • kedarjk

    MemberSep 9, 2008

    In IT industry life is becoming tougher day by day. Just another proof of it 😔.
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  • Ashraf HZ

    MemberSep 9, 2008

    I think its a global trend. Even Microsoft plans to shut down Ensemble Studios, the developer who made games like Age of Empires.
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  • Kaustubh Katdare

    AdministratorSep 9, 2008

    😔 😔 😔

    Entrepreneurs! Spring into action! You're about to get skilled employees who will work for peanuts!
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  • Differential

    MemberSep 9, 2008

    This reminds me of rule of nature.........."Something that rises fast, collapses fast".....Let's hope for best !
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  • Kaustubh Katdare

    AdministratorSep 9, 2008

    Ha! It had to happen. You can't survive long enough by being cheap.
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  • Ashraf HZ

    MemberSep 9, 2008

    Wait, this is because of appraisal or an IT downturn?
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  • kedarjk

    MemberSep 9, 2008

    I just read the complete article. The number 1000 is not real, it is more than 1000 I guess. They never reveal the true figures.
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  • Kaustubh Katdare

    AdministratorSep 9, 2008

    Yep, over 1000 it is.
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