Monday, August 13, 2007

Infosys going through bad phase, faces talent crunch

New Delhi: India’s largest software exporter firm Infosys is going through a troubled phase. While on one hand Infosys CEO and Managing Director S Gopalakrishnan said the rising rupee issue is a long-term crisis, what’s also a major concern is the talent crunch that the IT industry is going through.

There were 2,50, 000 engineering graduates last year and the IT/ ITeS industry absorbed about 60 per cent of them. But this is clearly not enough for an industry which is looking to employ over 1.6 million people by the end of the year.

IT companies, especially BPOs are now resorting to what could be seen as a lowering of standards. The IT firms are also increasingly hiring locals from foreign countries.

The non-Indian workforce comprised 9.6 per cent of the IT majors’ total workforce in 2006-07,
and the number is set to rise. Wipro Technologies, for instance, hired over 200 college/ business school graduates from the US and Europe in 2006-07. This is a 150 per cent rise in the recruitment of locals in their overseas operations over the previous year 2005-’06.

Tata Consultancy Services (TCS), on the other hand, as its long term strategy is looking at having 15-20 per cent of their workforce from foreign countries. Infosys Technologies, during its first quarter results for financial year 2007-08, said: “Outside employment could shoot up by 25 per cent in future.” Infosys already has 3 per cent of its workforce made up of foreign nationals, and has seen their numbers grow 28 per cent from fiscal ‘05-’06 to ‘06-’07.

Original Story

1 comment:

Anonymous said...

Infosys is worst company where I am working here. I have worked in Bangalore and pune but Jaipur DC is like that Tow different company are running.

In Jaipur DC, People are not given proper and safe drinking water. recently there was jaundices cases in Jaipur Dc in SEZ.

I will request people to not to join Jaipur DC and freedom process. This is the worst process in Jaipur DC. this process is run by there people Rajiv, KP and satya Mantralya ( he is acting like a Freedom COH). for him quality = Salary. whenever anyone discuss any issue regrading quality he say company is paying salary to him. He don,t want to know the problem only Salary. I just want to know for what purpose salary is given to him for smoking in smoking zones with Rajiv who is COH of freedom. you go any time, every time you will find then in Smoking zone. He don't know how to talk to people. Also Manohar who is TL on freedom floor. Who has selected him as TL. He don't deserve B1 on the infosys floor.


Please don't join infosys Jaipur DC. you will fell the Bangalore infosys and Jaipur infosys are two different company with same name.