Page 2 - It Job Cuts

IT companies may shed up to 40,000 mid-level employees: Mohandas Pai

'It's going to happen again and again and again every five years,' said Pai

IT firms reduce headcount by 3,000 people in Q1

First sequential decline in a decade as 8 of top 15 software firms report drop in manpower

IT's past, present and future: Industry and people will always be important

Layoffs have nothing to do with Trump's visa stance; its impact will show after rules are framed

A 'ban' on the lay-off question

Wipro appears to be firmly against the idea of lay-offs

IT layoffs: Mid-rung engineering colleges explore ways to skill talent

Mid-rung engineering institutes are exploring ways to impart latest skills to students

Job losses in IT industry to impact residential real estate

Indian IT hubs of Bengaluru, Hyderabad, Pune, Navi Mumbai and Noida could be most impacted

Amid IT job cuts, steep pay hike for senior Infosys execs; workers see red

Payouts of at least four Infosys executives increased by over 50% in the previous financial year

IT Industry should panic for not investing in technology: Rajat Gupta

Said knowledge should move from lecture mode to being interactive, digital, participatory

IT job cuts: After Wipro, Infosys, now IBM lays off thousands in India

Global IT services major IBM has let go of a few thousand employees from its Indian unit, which employs one out of three workers globally.IBM joins local peers such as Wipro, Infosys, Cognizant and Tech Mahindra to prune staff as the IT sector faces technology shifts towards automation and from manning legacy system towards digital and cloud.IBM India is looking at a target of "achieving 100 per cent utilization" across all projects with the shift in business and increased demand for digital-technology based services, a person familiar with the development said. For example, if a project currently has eight software engineers, roughly two of them are released and redeployed on other projects to achieve full utilization across projects. "However, no one is kept idle on the bench now," an engineer at IBM said. "In some cases people have to upgrade themselves with new technology skills to get redeployed. But, those who are not willing are at risk and often told to go." Kris ...

IT job cuts: Time for companies to focus on home market, says Assocham

Said Jan Dhan Yojana and Aadhar based service delivery models offer interesting opportunities

Domestic opportunities like Jan Dhan, Aadhaar can save IT jobs: Assocham

Protectionist policies in the west and increased automation have led to job losses

Adapt or fade out! As woes mount, Indian IT needs to rethink its strategy

India runs the risk of losing the competitive edge it has enjoyed in the sector over the years

Grim story of IT layoffs: Those with 5-15 yrs of experience getting the axe

Analysts attribute these job losses to a slowdown in growth, automation of lower-end work

Pink slips likely for manual testing: Indian IT layoffs to go on for 2 yrs

Auotmation has become the new norm

IT woes: Indian engineers to lose 2 lakh jobs annually, says Head Hunters

McKinsey & Company report said half of IT workforce will be irrelevant over the next 3-4 years

IT union calls strike in Chennai against unjustified dismissal of employees

The New Democratic Labour Front (NDLF) IT Employees Wing, a trade union, plans to hold a protest march next week in Chennai against what it calls unjustified sacking of employees by IT services firms. It also plans to represent around 20 employees who have lost jobs from IT firms with the Tamil Nadu labour department. The protest also looks to rally more workers from IT companies, which are facing their worst challenge in close to a decade, and demonstrate solidarity for engineers who have been laid off. The organisation alleged that they have information that companies including Cognizant, Wirpo, Tech Mahindra, IBM and Capegemini are sending out large number of employees. "We have been contacted by employees of many of these companies and in solidarity with those employees we are planning conduct a demonstration from 5 pm to 7 pm on May 18, at Chennai Old Mahabalipuram Road, which is the IT hub in the city," said Kumar S, working with NDLF IT Employees Wing.The union alleges that ...

56,000 IT jobs in danger? Infosys, TCS say they're not responsible for mess

According to reports, the 7 biggest IT firms operating in India are set to let go of 56,000 workers

Carnage in Indian IT: Wipro, Infosys, Tech Mahindra, Cognizant slash jobs

Tech Mahindra recently fired close to 1,000 employees; Wipro was the canary in the coal mine

This is a nightmare for me: Techies outrage over IT layoffs on social media

Wipro, Infosys, Tech Mahindra, Cognizant and other IT majors are handing out pink slips

More job cuts likely in IT sector; Wipro, Infosys tighten appraisal process

Indian IT service providers such as Infosys and Wipro have tightened performance appraisals for employees, weeding out non performers, as they see business slow for traditional services, technology shifts towards digital and growing protectionism in their main markets.Wipro, India's third largest software exporter, has a programme Band Inertia, that looks at scrutinising employees for performance in the same band for longer periods, identify gaps to reskill and mark out those who are unable to upskill with newer technologies. "It is the first reflection of who you are, people got stuck in the same band for 7-8 years. The individual is not expecting to grow. If you are good, you get promoted or get another job somewhere else," Saurabh Govil, Head of Human Resources, Wipro, told Business Standard in an interview. "There are some people who continue to be here (in the same band) and be happy and they are getting impacted." Wipro says it upskills engineers in newer technologies such as .