7 years, 10 months ago

Infosys, Cognizant, Wipro lay-offs: Churn in Indian IT is inevitable; there is no need to panic

Employers may find younger workers doing more for less if mid-level folks do not match elementary skills with more value. Does a voluntary separation programme or 10,000 people going off the rolls in Cognizant, 2000 heads reduced in Wipro and a maximum of 2,000 foreseen in in Infosys justify such words? Given that Infosys is planning to hire as many as 10,000 people in the US over the next two years, we do need a sense of proportion or detail and not panic words like mayhem. IT companies are also actively embracing new technologies to serve old clients as Wipro’s heir apparent Rishad Premji said this week.

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