Is the bangalore IT recruitment for freshes down , really down?

Question

Is the bangalore IT recruitment for freshes down , really down?

Answer 1

Yes. Please go through the news clippings published in " The Hindu " dated 02.11.07 page no. 5 ( Friday ).

".Indian information technology companies, hit by spiralling rupee, are cutting costs across the board......are therefore proactively reducing the bench strength ( by almost 20% )...."

" Annual pay hikes, which hovered around 20-25%, could be in the region of 12-15% in April 2008..."

" Campus recruits faced delays in getting joining dates this year....."

Please read the detailed text in the news paper.