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Once India's global claim to fame, the country's information technology (IT) sector is seeing a spate of layoffs by IT majors like Tech Mahindra, Wipro, Infosys and Cognizant.
The churn in the IT sector — which is moving towards increasing automation, use of artificial intelligence and is beset by tightening visa regulations — is likely to affect mid-level employees with 10-15 years of experience the most, as many are averse to learning new skills, industry experts have said.
Further, Indian IT firms are witnessing their slowest growth in a decade, while global firms are shifting their budgets from traditional IT services to newer areas such as digital and cloud, which require engineers to engage with clients instead of working remotely. Even as this shift takes hold of the sector, automation is increasingly taking over low-end maintenance work, forcing companies to shift workers to other projects and reduce hiring from campuses.
(Score: 3, Informative) by frojack on Saturday May 20 2017, @08:28PM (1 child)
The so-called "new skills" are probably buzzword bingo, planted in the ears of PHBs by the very same firms trying to sell you sub-standard programmers under the name of software engineers. My employer hired some of these guys and they were pretty hopeless. My boss came up through the ranks and saw right through their game and had them humming in the corner doing maintenance on the 10 foot long rack of IBM Manuals that every shop had in those days.
No, you are mistaken. I've always had this sig.
(Score: 1, Insightful) by Anonymous Coward on Saturday May 20 2017, @09:09PM
Like the "MVC" frameworks. Rube Goldberg would find them overly complicated. They are great when they work right, but something goes wrong and you have 5 mysterious layers to unravel.