"Hiring in FY 2017 may be Lower than Last Year (2015-16)" - Nasscom - PrepareInterview.com


Tuesday, August 2, 2016

"Hiring in FY 2017 may be Lower than Last Year (2015-16)" - Nasscom


R Chandrashekhar, the president of National Association of Software and Service Companies (NASSCOM) said that the fresh hiring activity will be lower in Financial Year 2017 (2016-17) compared to last two FYs. Last year it was 4.2 Lakhs whereas it was 2.2 L before that.

These are the two reasons considered for the impact..

  • - IT companies facing pressure on margin,
  • - focus on automation jobs

"The IT companies are adopting higher productivity by reducing the strength and focusing on automation. For a country like India, automation works differently as cost effectiveness on automation is different because our economic levels are different," he said.

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Don't worry guys until you are strong on any one technology you can call it as either C++ or Java or MVC, JavaScript, jQuery (web technologies), there is always opportunities. If you have good exposure on mobile application development especially hybrid or iOS app development, you are the king/queen.

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