Tuesday, September 1, 2009

and the scene gets uglier.....

Hit by the recession wave, the IT industry seems to be becoming more treacherous.
Frozen salaries ,stalled promotions , inhumane firing mark the new face of IT industry in India.
The bonds offered are for longer periods and higher assurance sums.

People are ready to work for as low as INR 3-5 thousand. With cheap resources and a right to fire anytime in the name of recession, what else would a companies need?

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