Salary cut in TCS stimulates panic in IT industry - Instablogs
Salary cut in TCS stimulates panic in IT industry
Sudip Kumar , Bangalore: Jan 31 2008
Made Popular Jan 31 2008
The move to cut down the salaries of the employee by Tata Consultancy Service(TCS)leads to a uncertainty or vagueness in outsourcing industry.This decision by the India’s software giant is very significant in many perspectives.Most importantly it has...
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Tags: IT industry, TCS, Salary cut off, Technology
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Vinoth
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Vinoth Jan 31 2008
coimbatore, India
i think its only a temporary slump in the outsourcing industry. A new kind of outsourcing is fast catching up in India. It is KPO( knowledge power outsourcing). Market analysts feel India has bright future in KPO.
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Chingaari
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Chingaari Feb 8 2008
Bangalore, India
I don’t think so. Check the factors leading to the sal cut. They are all variable factors, not permanent.Rupee coversion rates,US subprime, etc, are all passing phases. Remember, it is only the US factor that is effecting the most. Anyway, there are other profitable and stable business blocs like Europe to do business.
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