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job market very slow whts happening


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dbians,

endivayya, job market ila sacchindi... vunna reqs datelu marchi pedtunnaru... desi vendor gallu mari rate taggichestunnaru.. malli anni docs adugutunnaru, submit chestaru, but client call radu .. nothing scheduled nowadays.. andariki ilaney vundaaaa. anni tech lu ilaney vunnayaaaa... 

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assam uncle assam

 

Boutique research house Global Equities Research’s Trip Chowdhry today opines that layoffs in the mainstream of tech companies are primed to become much worse than expected: He predicts there will be at least 333,000 layoffs in the next twelve months, in part because of developments such as cloud computing.

Chowdhry takes as his cue an article this morning by Barb Darrow over at Fortune, which claims VMware (VMW) is going to lay off 900 people, or 5% of its workforce, as part of its buyout by Dell along with VMware majority holder EMC (EMC). Darrow cites multiple unnamed sources regarding the layoffs.

That’s nothing, says Chowdhry, asserting “the above news item is very likely accurate … but over the 2016, we could see more layoffs.”

Chowdhry’s philosophical justification for such a dour view is in large part that the shift to cloud computing eliminates a lot of IT talent that has been classically devoted to “back-end” operations of IT.

He opines that 70% of the work done in IT is for such back-end things, versus the 30% that is focused on, presumably, more rewarding “domain-specific” tasks.

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