WIPRO says goodbye to over 1000 employees

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

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

Replies

  • kedarjk
    kedarjk
    In IT industry life is becoming tougher day by day. Just another proof of it ๐Ÿ˜”.
  • Ashraf HZ
    Ashraf HZ
    I think its a global trend. Even Microsoft plans to shut down Ensemble Studios, the developer who made games like Age of Empires.
  • Kaustubh Katdare
    Kaustubh Katdare
    ๐Ÿ˜” ๐Ÿ˜” ๐Ÿ˜”

    Entrepreneurs! Spring into action! You're about to get skilled employees who will work for peanuts!
  • Differential
    Differential
    This reminds me of rule of nature.........."Something that rises fast, collapses fast".....Let's hope for best !
  • Kaustubh Katdare
    Kaustubh Katdare
    Ha! It had to happen. You can't survive long enough by being cheap.
  • Ashraf HZ
    Ashraf HZ
    Wait, this is because of appraisal or an IT downturn?
  • kedarjk
    kedarjk
    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.
  • Kaustubh Katdare
    Kaustubh Katdare
    Yep, over 1000 it is.

You are reading an archived discussion.

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