He said promotions are okay when companies are growing fast but when it slows down, people getting fat salaries will aggregate at the higher level, prompting companies to periodically reset their pyramids, and shedding people
IT services , tech startup and AI
For artificial intelligence and machine learning algorithms to run on big data, Indian companies require technology that will digitise and store data. Industry is now increasingly adopting this infrastructure. Since legacy systems are slow to … Read More
Indian IT workforce and mid life crisis
NEW DELHI: The Indian information technology sector will see more layoffs. After thousands were fired by Infosys and Cognizant in the past six months, as many as 200,000 more may be at risk of losing … Read More
IT workforce VS new age jobs
A Nasscom report estimates that about 40% of India’s total workforce must be reskilled over the next five years to cope with emerging trends such as AI, IoT, machine learning and blockchain.