Posts Tagged ‘Infy’

TCS, Infy, Wipro: Getting out of slowdown

November 26th, 2009

Indian IT service firms are looking to throw open their gates yet again to prospective employees as the gloom of the global recession lifts from the $60 billion industry and demand for outsourcing services improves.

This is in stark contrast to the scenario a few months back when most of them had frozen salaries, promotions and, in some cases, saw their first-ever declines in quarterly headcount additions.

The sector, which employs more than 2 million people, has been one of the biggest job creators in Asia’s third-largest economy and used to hire people by thousands every quarter, mostly engineering graduates.

Source:http://infotech.indiatimes.com/quickiearticleshow/5270973.cms

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