IT firms may go slow in hiring
Wednesday, 3rd August 2011
Concerns about the global economy appear to be pushing technology companies to temper their hiring plans.
Despite many firms still talking about aggressive hiring, the indication from third party hirers is that hiring numbers are likely to drop significantly in the current quarter compared to the last two quarters.
Hirers say some companies have revised downwards their people requirement, and some hirers have witnessed as much as a 40% decline in their hiring mandates compared to that in the previous quarter.
Publication : Times of India