Another one bites the dust at Infosys, Murthy says 'Hasta la vista, baby'
Analysts may be concerned about the seemingly never-ending flight of top execs at Infosys, but Murthy says that most were deadweight anyway
Analysts may be concerned about the seemingly never-ending flight of top execs at Infosys, but Murthy says that most were deadweight anyway
India has watched a large exodus of BPO business to the Philippines, thanks to the country's more employable youth who are equipped with fluent English and perfect American accents. Now, however, companies are beginning to migrate back due to a greater need for integrated tech services.
A recent skills and jobs survey is a harbinger to a nightmarish future that awaits the average Indian engineer.
Incoming CEO Sikka has elevated 5,000 careers at Infosys, but a fundamental inability to retain employees in the Indian IT industry in general may thwart Sikka's efforts.
An older generation of IT workers who starred in India's last, great IT boom is the latest obstacle in a series of grim prognostications for recent Indian tech graduates.
The country needs to work furiously to ensure that its younger generations are employable in the next decade, as signs show a worsening skills shortage.
Battling commoditisation, Indian firms such as Infosys and TechM are trying furiously to innovate and climb up the value chain.
The one big silver lining is the eventual occurrence of net long-term job creation in low-risk professions is far greater than job losses in high-risk ones.
According to a recent study, little value addition in electronic manufacturing and unemployable graduates will cause a 150 million jobless youth in a decade or so -- in other words, social armageddon -- if the Indian government fails to up the education and skills quotient in the country.
This Japanese hotel may give you a glimpse of what is going to happen to many service industry jobs in the future