End of Good Times for IT firms as Global Headwinds Force Hiring Freeze
Impact of global headwinds is clearly seen — financial slowdown, excessive inflation.
Demand pressures, postponement in new expertise spending are all gnawing on the IT sector directly.
And these are greater than sufficient to offset positive factors from the depreciating rupee.
Techies had been the good folks to rent.
Perhaps they nonetheless are at some locations but when we go by the winds within the corridors of IT firms.
When Ashneer Grover was on the helm at BharatPe he shared this LinkedIn publish for hiring 100 folks of their tech staff.
He says the ‘joining proposition is simply compelling’.