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About One Lakh Job Opportunities in IT Companies

Sunday, February 14, 2010

To improve economic conditions, IT Companies may hire about one lakh workforce. Indian IT players will hire nearly one lakh work force to improve economic conditions of India.

Recently, an analysis about the hiring plans came in light. According to the analysis, IT companies may hire more than 98,000 headcounts in coming future. In this scenario, it is considered that the industry is back on track with many projects.

In the recent prospectus, TCS may hire about 30,000 workforces in next fiscal year. However, Infosys has planned to hire 16,000 people this year. On the other hand, Genpact would hire 10,000 people.

In this lists, IBM is looking to recruit about 5,000; Accenture 8000 and Mphasis 2000. It is being estimated that the domestic IT market will get a growth about 19-20% in 2010. However, in 2009, the growth was only 2.6%.

The fact is very vague now because there is no real recruitment currently. Currently, unemployment is the biggest fact for Indian workforce. It is very similar to boom in Indian property market of 2009.

So called boom in IT market will clear very soon when end of the year we will get a real facts and analysis about unemployment and hiring.

According to our analysis, we don’t see any scope in IT recruitment on so large scale. In 2009, hiring freeze, layoffs and salary cuts was a common problem. More than one lakh real workforces were deducted from IT companies.

If, IT infrastructure has given a new face of Indian workforce or people then it had minimizes the scope of jobs also. Overall, it is not a boon rather than difficulty for Indian employers.

Analysis can gives many data but the reality of IT companies is very clear to us from beginning of 2008. We already have seen many analysis and data in 2008 and 2009 also.

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