Skip to main content

IT hiring showing slowdown signs

BANGALORE: 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

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.

"Hiring is slow and the demand is dull during the current quarter and
it's going to be so in the coming quarters too," says B S Murthy, CEO
of hiring firm LeadershipCapital .

Ajith kumar B, director for global HR in UST Global says there is a
lot of uncertainty in the economic environment and so companies are
cautious. "No one wants to build benches again. The dip in hiring may
be a temporary phenomenon, but it has the potential to be around for
several quarters," he says.

In the January-March quarter, tech hiring was over 60,000. In the
April-June quarter, it was about 70,000. Recruiters say hiring slowed
down towards the end of the April-June quarter.

Pankaj Sharma, chief trustee, Centre for Transforming India, an
independent body focused on skill development and employment
generation, says the US economy is heading towards a second turmoil.
Europe and the Middle East are also in crisis. "Each of these can take
the zeal off Indian providers," he says.

E Balaji, MD of recruitment firm Ma Foi Randstad, says the telecom
space looks very dull as it is under a lot of revenue and bottom line

Will the slowdown impact campus hiring? Amitabh Das, CEO of
recruitment firm Vati Consulting, says as of now, freshers are joining
as per schedule. "More market clarity will emerge by the end of this
quarter. Only then will we know if there is any postponement of
freshers' joining dates," he says.


Popular Posts

DOT NET Interview Questions with Answers

When not to use Design Patterns?Do not use design patterns in any of the following situations.• When the software being designed would not change with time.• When the requirements of the source code of the application are unique.If any of the above applies in the current software design, there is no need to apply design patterns in the current design and increase unnecessary complexity in the design.When to use Design Patterns?Design Patterns are particularly useful in one of the following scenarios.• When the software application would change in due course of time.• When the application contains source code that involves object creation and event notification.Benefits of Design Patterns:The following are some of the major advantages of using Design Patterns in software development.• Flexibility• Adaptability to change• ReusabilityWhat are Design Patterns?A Design Pattern essentially consists of a problem in a software design and a solution to the same. In Design Patterns each pattern…

Free Java Tutorial from Guru99

Guru99 Goal is to provide Fun and Free Education for ALL.

Guru99 recently create tutorials on JAVA that took 190 hours to create with beautifully annotated screenshots, videos and is very comprehensive.

The course covers

JAVA Basics like Java Virtual Machine (JVM) and Download and Install Guide.
It also introduces Concepts of OOPs, Constructors, Inheritance, Memory Management, Exception Handling and Conditional Loops.
We also touch on advanced topics like Multithreading, Timer and Java Reflection API

Here is the Link:


free java tutorial, guru99, learn java online for free, java classes, java videos, java interview questions and answers, java topics.

Mobile Number Portability in India by Sept 20

Department of Telecom has issued (.pdf) a notification stating that long awaited number portability will finally be available by September 20. The main object of number portability is to be able to retain the same number even after switching between different mobile service providers.  

Mobile Number Portability gives a mobile subscriber the leverage of retaining his/her mobile phone number even after switching between networks. As per Department of Telecom - Mobile Number Portability is to be implemented in Delhi, Mumbai, Maharashtra and Gujarat Service areas of Zone I and Zone 2 includes Kolkata, Tamil Nadu, Chennai, Andhra and Karnataka of within six months of award of license by September 20, 2009, and in the rest of the country by March 20, 2010.

Syniverse Technologies have been licensed for MNP operations in Zone I while MNP Interconnection got licensed for MNP operations in Zone 2.  

TRAI will decide all kinds of mobile number portability tariffs like the transaction fees from…

DesignEvo - A free and easy online logo designer

DesignEvo is easy-to-use online logo design tool with millions of icons, 100+ stylish fonts, 3,000+ practical logo templates and handy editing tools. It can help people easily create appealing and effective logos for their brands, websites, blogs, social media channels, etc.

 It is really awesome and intuitive interface. Easy to design and customize. A person can easily design by selecting a pre-defined logo design and modify it on the fly.

Hardly you need 1 minute to design your new logo with minor modifications.

Its really awesome site. I suggest you to try it out.

You can discover more about DesignEvo here:

Learn more about Designevo @ YouTube

designevo, free logo design, logo maker, create a logo, easy logo maker, design logo free, free logo, logo designs, logo images

Contact Form


Email *

Message *