Why its no longer cool to be a techie in India

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Increasing automation and cloud computing have hit revenues. Now there is less business in maintenance and software services, the traditional domain of Indian IT companies. This is a major reason for companies reducing their campus hiring in India.

Plans at Cognizant to lay off more than 6,000 workers are due to a shift in business. New technology requires reskiling, and employees incapable of reskilling will be fired. Infosys had hired 5,000 people in April-December 2016 against 17,000 in the same period a year ago. Automation is reshaping its business too. The company released nearly 9,000 employees to other projects due to automation.

About Author

Biplab Ghosh

Biplab lives his life around technology and is particularly keen to explore the intersection of technology and human behaviour. Always looking for new ideas, and ways that can make things simpler. He is a geek with the flair for travel and has great passion for music and theatres.

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