IT Jobs - any effect by this lockdown ?
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share the incidents which you come across in your circle…
Is IT sector seriously impacted?
except projects relying on airways and hospitality I could not see much effect as companies are managing with wfh…
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25% cutoff in base pay
salary deduction here in Noida in lot of IT companies …
5% deducted on base pay and all increments rolled back
Which company?
we are getting additional money for working from home 
Which company?
My friend got pink slip and 130 employees with him..US based IT firm
Name?
It seems there will be a recession in coming quarter
See the list of layoffs here (Global):
https://candor.co/hiring-fr...s/
I can see many Indian profiles here:
https://candor.co/layoff...t/
Till now I was on client leave but today company delivered system at home with extra payout including internet connection
Yeah… I feel they are able to manage with wfh…
It could revolutionise total IT employment in future as they are testing waters of wfh
from what i heard, Principal Financial and Cognizant is paying extra apart from just paying for internet cost as hardship allowance
How much extra & to which level employees?
Luck you!
A relevant post to share.
Not all’s lost; some jobs could survive post-Covid India
https://the-ken.com/story/post-covid-jobs-m...t/
It’s free read of the week but one has to register and login to read.
TCS freezes salary hike
Wipro deferred promotions and salary hike
They just need any excuse to do this…
There is definitely slowdown.. Since project are already running you may not se the impact until last quarter of this year… Project which are already at end of contract might see early cases. But i am very much certain that big shot wil be able to manage the slowdown better than smaller firms as they have limited earning or project with them.
Guys please spread rumor or statement unless you personally know the facts.. Lets be positive and remember we run the world… Cheers..
U can see effect only after services resume in office. Now many managing wfh… Also many projects started rampdown initiation due to budget constraints… By June u can see atleast 10-20% workforce layoffs