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Business Line November 24, 2008
Recruiters headed for slow-growth phase |
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Business Line October 22, 2008
Cos going slow on lateral hires |
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The Times of India Monday October 20, 2008
Pink Slip Blues |
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The Times of India Friday October 17, 2008
Recruitment market shrinks; hirers in a fix |
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The Economist Times Friday October 17, 2008
Recruitment shrinks, hirers in trouble |
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The Telegraph Thursday October 16, 2008
10 ways to ride the bad times |
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Business Line Tuesday September 01, 2008
IT majors see red at the bottom |
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The Times of India Monday July 28, 2008
'Outplacing' employees to become leaner |
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Busniess Line Thursday July 08, 2008
Hefty salary hikes turn a thing of the past |
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Livemint.com (THE WALL STREET JOURNAL) Tuesday June 10, 2008
Small outfits offer big opportunities |
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Busniess Line Thursday May 22, 2008
They are beginning to look beyond IT space |
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The Times of India Saturday March 15, 2008
More pink-slips for techies this year |
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The Economic Times Tuesday March 11, 2008
Hiring in IT industry slows down 40-50% |
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Corporate News Wednesday March 5, 2008
Microsoft, Infosys 'incubating talent' to beat attrition blues |
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The Times of India Monday January 14, 2008
Rookies rule the roost today.... Fresh Look |
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The Times of India Friday January 4, 2008
Bada title, chhota kaam from indian techies |
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The Economic Times Wednesday January 2, 2008
ENABLING COMFORT At Workplace |
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The Hindu Business Line Wednesday January 2, 2008
Hiring moves beyond realm of IT, ITeS |
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They are beginning to look beyond IT space |
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Business Line |
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May 22, 2008 |
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Anjali Prayag |
BANGALORE : May 21 From ‘no way’ to ‘may be’ and now ‘OK’ -- there’s a perceptible attitude change among employees in the job market. Thanks to the hiring slowdown in the IT/ITeS sectors, the country’s young employable talent pool is now more open to opportunities in other active sectors (insurance, hospitality, core engineering), say recruiters.
“Life’s easier now for manufacturing companies that had to compete for talent with IT all these years,” says Mr E. Balaji, COO, Ma Foi Management Consultants. Professionals in industry-neutral functions such as finance, facilities and human resources are now more open to trying out opportunities in chemical, oil and gas, insurance, hospitality and auto sectors.
Campus hiring
Mr Rishi Das, CEO of CareerNet Consulting, a Bangalore-based recruitment firm, sees a change in the campus recruitment trends too. “Though the top five per cent students at IITs still look at tech jobs in MNCs, there is a large number willing to try out core sector engineering jobs such as mechanical or civil.” Even investment banks, which recruited from the IITs last year, may refrain from visiting campuses this year, he adds.
“Young employees are more aware of the need to look at opportunities other than IT/ITeS,” says Ms Nirupama V G, Managing Director, Ad Astra Consultants, a Bangalore-based hiring firm. In her opinion, there will be a bigger shake-out in ITeS than in IT, and this is likely to benefit retail and telecom sectors in terms of talent acquisition.
Ms Priya Gopalakrishnan, Director, HR, ING Vysya Life Insurance, welcomes the ‘wait and watch mood’ in the hiring intentions of the IT sector. “We see candidates displaying lot more willingness to look at other industries now. There was always a resource pool available in the country, but it’s easier to attract it now.”
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