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Besides New Hiring, I would be impressed if large companies honour their existing job offers; Which IT services firms which does bulk recruiting in India seem t
by Abishek_Muthian 7y ago
Besides New Hiring, I would be impressed if large companies honour their existing job offers; Which IT services firms which does bulk recruiting in India seem to be doing.
IT firms such as TCS (30,000 recruits this financial year), Wipro (12,000), Cognizant (20,000) and Capgemini (10,000 over January-June) say they are sticking by their offer letters[1].
I've personally witnessed jobs from these companies lift several out of poverty in India (Most of them being the first graduate in their family).
But, obviously those who pass out this year especially the Engineering freshers are going to be the worst hit.
[1]https://timesofindia.indiatimes.com/business/india-business/many-large-cos-will-honour-hiring-pledge/articleshow/75130399.cms https://timesofindia.indiatimes.com/business/india-business/...
- 9nGQluzmnq3M 7y agoFor bean counters looking to cut costs, outsourcing to India is going to look pretty attractive. Especially since the actual costs of doing this will only become apparent later...
- mywittyname 7y agoI'm not sure if this will happen again so soon. Mostly because it seems like wages in technology flattened or even declined on the low-end due to the glut of college graduates capable of filling these roles. I see lots of applicants with non-CS/CE degrees applying for programming and analytics positions.
- eitally 7y agoPart of Sundar's letter says Google is honoring existing job offers.