In the beginning of October 2014, there was a small news item which few people might have noticed. That of Yahoo India downsizing heavily and moving its product engineering onshore. Today i read a similar news item in Economic Times and i realized, that one can be a coincidence but two is a trend.
Yahoo Lays off 400 in India
IBM scaling down in India, moves management to US
For past two decades, Indian engineering graduates assume that scraping through a college degree insures them a lifetime of cozy IT sector salary and career. Well i am one of these believers, however these two news items clearly state that MNCs are clearly ahead of the curve.
Yahoo Lays off 400 in India
IBM scaling down in India, moves management to US
For past two decades, Indian engineering graduates assume that scraping through a college degree insures them a lifetime of cozy IT sector salary and career. Well i am one of these believers, however these two news items clearly state that MNCs are clearly ahead of the curve.