Through this year, both the leaders of the Indian information technology industry and their lobbying group Nasscom have strenuously denied reports of job losses in the industry. They have claimed that while hiring and firing will go on simultaneously, at the end of the day there will be a net addition to the total number of jobs in the industry, albeit at a far lower rate than in the past. The government and IT minister bought into this scenario, saying reports of job losses in this sector were “motivated”.
This is now set to change with the top. . .
