IT Sector
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Trends
Job Desperation, From Master’s Degrees To Fresh Graduates, No One Is Safe! Can India Handle The AI Disruption With Its Massive Workforce?
Jobs are far and few, especially considering Bengaluru, India’s tech hub, has been for years, the go-to destination for IT…
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Trends
Shocking 160% Pay Gap In Indian IT: CEOs Vs Freshers
Indian IT has reflected this nation’s substantial economic growth and success for years. One shocking reality lies beneath that glitzy…
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Trends
Why Is Infosys Keeping 2,000 Freshers Waiting For 2 Years? Is This The New Norm For The IT Industry?
In a shocking turn of events, Infosys, one of India’s largest IT giants, has come under intense scrutiny for its…
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Trends
14 Hours A Day, The New Work Proposal For Techies That The Karnataka Govt Proposes; Too Tall An Order, What Do Techies Say?
The 14-hour work day proposal by Karnataka CM Siddaramaiah has caused much uproar in the IT sector; employees and trade…
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Trends
IT Professionals In The Red, Pay Checks Down By 40%; EV Sector Sees Green, Rising Demand For Expats, Increased Hiring In Tech, Engineering, R&D Roles.
As India's IT sector undergoes economy-driven shifts, the one fallout apart from layoffs is particularly being felt in the realm…
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Trends
Cisco Follows Other IT Majors Announces 4000 Or More Job Cuts, Reduces Annual Revenue Forecasts; Why Is Big Tech Still Cutting Jobs?
The tech industry is currently grappling with tough challenges - managing a ballooned workforce during the pandemic, dipping revenue and…
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Trends
Challenges Continue As IT Biggies Witness Headcount Decline, Drastic Pay Cuts, and Hiring Freeze Over Four Quarters
Once considered a sector for tremendous opportunity, India’s IT sector offered lucrative salaries, rapid promotions, extensive travel opportunities, and many…
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Trends
Unemployment Rate In India One Of The Highest In Last Few Years; Stands At 42% For Young Graduates Aged Under 25; A True Barometer Of India’s Growth Story?
In the din of economic statistics and projections, one figure stands out sharply – India’s unemployment rate surged to 10.05%…
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Trends
Major Indian IT Players Apply Brakes Amid Concerns FY24 Being A ‘Washout’ Year Announce Drastic Cuts In Pay Hikes, Promotions And Hirings; Look To Reboot In FY25
The Indian IT sector is currently undergoing a challenging phase, and analysts project a difficult fiscal year in 2024. The…
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Trends
TCS Faces Challenging Fiscal Year May Grow In “Very Moderate Single Digits;” CEO K Krithivasan
Tata Consultancy Services (TCS) is entering a challenging fiscal year with the prospect of registering its slowest annual growth ever. …
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