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Coronavirus lockdown a blessing in disguise for IT sector, say executives

Companies across the services sectors, including banks, are set to have fewer people work from the offices in the future

While companies are struggling to understand the full implications of remote engagement, compensation packages could undergo a change in the future, say experts | File photo
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At present, many employees travel long distances to workplaces in cities plagued with traffic issues and high air pollution

BS Web TeamAgencies Mumbai
When the Covid-19 pandemic came ashore and moves like lockdowns were being deliberated upon, the $180-billion IT sector faced a huge challenge for business continuity.

More than a month into it, industry executives feel it has been a blessing in disguise and will lead to a larger number of people to work from home in the post coronavirus world.

They attribute the emerging scenario to cost and productivity gains out of WFH (Work From Home) and it is not just the IT sector which is reaping the benefits. Companies across the services sectors, including banks, are set to have fewer

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First Published: Apr 26 2020 | 3:41 PM IST

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