With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊
Are those layoffs happening in India?.. ground realities appear different. Other than those inflated startups where r the layoffs?..
Have your own business. Stay secure.
if that were an option, why would I even ask this question lol
Businesses are always more risky and failure rate than job. Especially first gen business. People just look at few successful businesses but fail to see 99% others that failed which aren’t there in the news.
Software industry to crash miserably
When usa decreases their interest rates
Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people.
Like whats happening man!!! Is the company dumb or what?
(1) Reduce cost of human capital -> (2) Post better EBITDA numbers in earnings calls -> (3) Get big bonuses and sell ...
Roughly 2.5% of the workforce. Are there any details on teams and geographies impacted?
What does unemployment around you look like? Or if not around us, for people trying to come out of Tier 2/3 towns. These mass recruiters (behemoths like Capgmeni & Cognizant + TCS Infosys) are actually the gateway for many into a city li...
We probably will see an unprecedented economic divide in this country going forward if the unemployment rate stays th...
