Re:Google to Slow Hiring for Rest of 2020
by 9nGQluzmnq3M on Thursday April 16, 2020 @08:57AM
(#22888866)
For bean counters looking to cut costs, outsourcing to India is going to look pretty attractive. Especially since the actual costs of doing this will only become apparent later...
Re:Google to Slow Hiring for Rest of 2020
by mywittyname on Thursday April 16, 2020 @12:20PM
(#22890924)
I'm not sure if this will happen again so soon. Mostly because it seems like wages in technology flattened or even declined on the low-end due to the glut of college graduates capable of filling these roles. I see lots of applicants with non-CS/CE degrees applying for programming and analytics positions.
IT firms such as TCS (30,000 recruits this financial year), Wipro (12,000), Cognizant (20,000) and Capgemini (10,000 over January-June) say they are sticking by their offer letters[1].
I've personally witnessed jobs from these companies lift several out of poverty in India (Most of them being the first graduate in their family).
But, obviously those who pass out this year especially the Engineering freshers are going to be the worst hit.
[1]https://timesofindia.indiatimes.com/business/india-business/...