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Beware - It Sector Growth Is Shrinking!


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Posted

Software professionals have been the most happiest and also the highest paid employees in this country since a decade or so. Though the IT Boom started with few cities like Bangalore, the industry has expanded to many cities of India and Hyderabad has been the front runner until now. But the latest developments doesn't look encouraging with almost no growth recorded in the sector. 

We've been seeing the companies laying off their senior staff in the name of cost cutting and this has reached an all time high now. Most of the laid off professionals were clueless with not many opportunities in the outside world. On the other hand, it has become a herculean task for the companies to hold back their existing performers. With the advent of new technologies and luring pay scales, the current generation of software professionals are looking for a frequent change and this high Attrition Rate is the main factor that's worrying the companies. While the Automation procedures and slowing down of the US Economy has made the MNCs to cut down their costs, the desire to shift into Latest Technologies with good packages is making the employees jump companies. 

The job market is sliding downwards and the openings for freshers seem to get effected this year. Though AP and Telangana states will be seeing around 2.5 lakhs of Engineering students passing out this year, only 10% of those graduates will be getting a corporate job with the existing 2 lakhs of openings across the country. The implementation of Automation Technologies has surely cut down the necessity of workforce. The alarm bells are ringing in IT sector and the Engineering students should be ready to jump on to any of the emerging fields to survive now

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Posted

hmmm....lite.... naa varaku aithe kaavalsintha savings chesukunna, software down aina up aina peddha difference undadu, India dobbesi business chesukovachu......

Posted

hmmm....lite.... naa varaku aithe kaavalsintha savings chesukunna, software down aina up aina peddha difference undadu......

lifelong ki saving chesukunnava? eppatiki ayipova money ne deggara aite?Felix_thinking.gif

Posted

lifelong ki saving chesukunnava? eppatiki ayipova money ne deggara aite?Felix_thinking.gif


:)
Posted

hmmm....lite.... naa varaku aithe kaavalsintha savings chesukunna, software down aina up aina peddha difference undadu, India dobbesi business chesukovachu......

 

entha save chesav man ? :3D_Smiles: :3D_Smiles: :3D_Smiles: :3D_Smiles:

Posted

lifelong ki saving chesukunnava? eppatiki ayipova money ne deggara aite?Felix_thinking.gif


Posted

lifelong ki saving chesukunnava? eppatiki ayipova money ne deggara aite?Felix_thinking.gif

haha.... life long kaadhu kaani India lo unte aa money meedha vache bank interest tho bathikeyochu.... Felix_thinking.gif

Posted

manufacturing lekapothe, service sector will be doomed. innovation on discovery is compulsory   think_ww  

Posted

entha save chesav man ? :3D_Smiles: :3D_Smiles: :3D_Smiles: :3D_Smiles:

cheppar   :3D_Smiles:

Posted

haha.... life long kaadhu kaani India lo unte aa money meedha vache bank interest tho bathikeyochu.... Felix_thinking.gif

procedure chepthava? nenu follow avvuthanu Felix_thinking.gif

Posted

cheppar   :3D_Smiles:

 

endukalaga photo-thumb-8066.jpg?_r=1424905253

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