News for hackers. Stuff that matters.

A comment on India’s IT industry laid off more than 56k employees this year. Parent comment

Re:India’s IT industry laid off more than 56k employees this... by qaq on Wednesday December 27, 2017 @11:07PM (#16020243)
In Ukraine it can not be inflated by definition as there is basically 0 vc money. The companies are profitable and are paying market rates.
[ Parent | on HN ]
Re:India’s IT industry laid off more than 56k employees this... by shrewduser on Thursday December 28, 2017 @01:14AM (#16020641)
isn't a lot of the outsourcing connected to western markets and that very VC money?

i think it's all connected you'll find.

[ Parent | on HN ]
Re:India’s IT industry laid off more than 56k employees this... by qaq on Thursday December 28, 2017 @02:16AM (#16020805)
I'd say very little of that work is for startups it's more for large financial companies, large established software companies, telecoms, hollywood etc.
[ Parent | on HN ]
Re:India’s IT industry laid off more than 56k employees this... by menacingly on Thursday December 28, 2017 @10:14AM (#16022361)
Even in my limited consulting experience, it's not uncommon at all for a sizable org to have a small team in Ukraine.

A couple of times, even though that team does not have an officially important role, you would see stalls on major decisions until the remote team had a chance to weigh in.

[ Parent | on HN ]