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Job cuts to hound Indian IT sector for next two quarters; companies mull layoffs: Survey

Hiring intentions across the IT sector in India will further weaken between October 2017 and March 2018, stated the Experis IT Employment Outlook Survey, released today by Experis IT ManpowerGroup India.

 
 
This recruitment drive is necessitated by the increase in regional bases run by Cognizant in the US.
In less than a week after Vishal Sikka resigned as Infosys CEO and MD, India's second largest software company has become the talk of the town in IT industry.
Large companies in India are increasingly focusing on digital transformations due to greater awareness of new operating models, essential to survive disruption.
The 20 executives reportedly had written a letter to the CEO C P Gurnani and chief people officer Rakesh Soni.
A Microsoft spokesperson said in an email on Thursday that the company is implementing changes to better serve its customers and partners.
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