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Blog Entry# 4662853
Posted: Jul 06 2020 (02:29)
2 Responses
Last Response: Jul 06 2020 (02:44)
2 Responses
Last Response: Jul 06 2020 (02:44)
Jul 06 2020 (02:28) Layoffs at Cognizant: 18,000 employees benched; Karnataka union to approach govt against IT major
deep_rudra_deep~ 57 news posts
deep_rudra_deep~ 57 news posts
BENGALURU: State IT employee unions in Karnataka and Chennai have alleged that US tech firm, Cognizant, is executing mass layoffs after benching nearly 18,000 employees across India....
Problem with all these IT giants in India is that most of their work (~60% - 80%) is dependent on offshoring/ oversees projects. If there is downsizing at client end, it eventually will hit these IT companies.
Jul 06 2020 (02:44)
deep_rudra_deep~
deep_rudra_deep~ 841 blog postsGroup Recipients: *current-affairs
Yes.Projects from foreign countries if reduced IT sector will be in problem