Page 5 - It Industry Layoffs

Karnataka govt to meet employee associations to discuss IT industry layoffs

Association had called for an urgent meeting with the state govt on Tue

IT industry layoffs: Upskilling may help professionals save their careers

According to BigData, skilll acquisition may fetch Rs 13.94 lakh per annum

[24]7 to hire over 3,000 digital chat agents in India

Recruitment to be made from campuses in Bengaluru, Hyderabad

IT crisis: Nasscom denies layoffs, says sector net hirer of 150,000 people

However, it also says techies will have to re-skill themselves to stay relevant

IT industry layoffs: Techies should re-skill or perish, says Nasscom

Statement follows reports that suggest over 50,000 people could be laid off this year

IT industry layoffs may continue up to 2 yrs: Experts

Pink slips are likely for jobs in manual testing, technology support and system administration

Nasscom plays down layoff fears, says workforce realignment occurs every yr

It pointed out that no significant changes have been reported or observed this year

Tech Mahindra joins Infosys-Wipro pink slip club, sacks 1,000 staff

Software services firm Tech Mahindra has sacked thousand odd employees this month joining peers such as Wipro, Infosys and Cognizant to trim workforce as they face their worst business crisis in nearly a decade.Indian firms are witnessing their slowest growth in a decade due to automation, technology shifts and increased protectionism in its main markets. Global firms are shifting their budgets from traditional IT services to newer areas such as digital and cloud, which requires engineers to engage clients than work remotely. Also, low end maintenance work is increasingly automated forcing companies to shift them to other projects and reduce hiring from campuses.With growing stress on their business, IT firms are also increasing scrutiny on performance of employees and weed out non performers."We have a process of weeding out bottom performers every year and this year is no different," a Tech Mahindra spokesperson said.As on December 31, 2016, the company's total employee headcount ...