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Kaustubh Katdare
Kaustubh Katdare • Sep 10, 2008

WIPRO says goodbye to over 1000 employees

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

'Wipro gives pink slip to 1,000'- Software & Services-News-Indiatimes - Infotech


...and obviously others are going to follow the trend. What do you think guys? The circle is now full - IT services bubble bursting? huh?
kedarjk
kedarjk • Sep 10, 2008
In IT industry life is becoming tougher day by day. Just another proof of it 😔.
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 • Sep 10, 2008
😔 😔 😔

Entrepreneurs! Spring into action! You're about to get skilled employees who will work for peanuts!
Differential
Differential • Sep 10, 2008
This reminds me of rule of nature.........."Something that rises fast, collapses fast".....Let's hope for best !
Kaustubh Katdare
Kaustubh Katdare • Sep 10, 2008
Ha! It had to happen. You can't survive long enough by being cheap.
Wait, this is because of appraisal or an IT downturn?
kedarjk
kedarjk • Sep 10, 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.
Kaustubh Katdare
Kaustubh Katdare • Sep 10, 2008
Yep, over 1000 it is.

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