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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: 0) by Anonymous Coward on Saturday May 20 2017, @08:47PM (3 children)
companies that expect employees to learn everything on their own time.
We happened to stumble on a good candidate for project management working at a restaurant. She was putting out fires, juggling problems, etc. She's a natural.
We're paying her to take PM classes, as well as get her feet wet in some of our current workload. We're covering all her expenses for school and work (including tuition, books, MBP, clothing to see clients and attend conferences, etc). If she turns out half as good as we think she will the investment will pay off in spades. You need to invest in your employees.
(Score: -1, Troll) by Anonymous Coward on Saturday May 20 2017, @09:04PM
Exactly how black was this lesbian you hired into indentured servitude?
You need to invest in your employees.
Never ever invest in men. Got it.
Fuck you!
(Score: 1, Insightful) by Anonymous Coward on Saturday May 20 2017, @09:11PM (1 child)
If your projects are that chaotic, you have bigger problems than finding a good PM.
(Score: 0) by Anonymous Coward on Sunday May 21 2017, @12:22AM
If your projects are that chaotic, you have bigger problems than finding a good PM.
Our projects are not that chaotic. But it was obvious she had the talent to handle rapid fire situations, manage a variety of disparate details and could think on the fly. She'll be able to handle any surprises a client can throw at her. Turning her into PM will benefit us (and already has benefitted her).