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"Times of India": American Indians employment impact of the economic recession? (US recession to hit
Posted Date: 20 Mar 2008 Resource Type: Articles/Knowledge Sharing Category: General
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Posted By: jiapei Member Level: Bronze
Rating:  Points: 3
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"Times of India": American Indians employment impact of the economic recession? (US recession to hit Indian jobs?)
International online: "Times of India" published on the 18th article says that the whole world now on the U.S. economy into recession worries growing, and this will be impacted by the extent to which Indian companies? Indians will lose their jobs? Indians need Leijinkudai live? However, this is not an easy question to answer. It is obvious, though there is not a "Doomsday," settings, but where on the horizon that have the Overcast. [Bush's support for the Federal Reserve to save the market said that the United States economy through difficult times]
The article says that in this economic turmoil, the IT industry will be affected the most serious. India's largest temporary employment agencies (Teamlease) Sabharwal, chairman, said: "As the production base in India, will be entering a difficult period. Companies in the IT, the next two years we will stop layoffs and salary increases." IT industry by the early signs of combat has been very obvious. India human resources solutions provider Kelly Services Zieber, president pointed out that IT staff "depth" (benchstrength more competitive) has been reduced, or even in some cases have been completely non-existent. Under normal circumstances, IT companies "depth" will be maintained at 20 percent to 25 percent (ie the number of employees will account for approximately the ratio), and now, some companies as far as possible in the project and more employment, and as much as possible with bring about new staff rather than the old staff, in order to reduce costs.
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