> 56k employees
They're laying people off at modem speed!
India’s IT industry laid off more than 56k employees this year
311–320 of 420 posts
Re: India’s IT industry laid off more than 56k employees this year
#312As someone who recently moved from USA To India this is the best thing that is happening to India. Coupled with racist immigration laws in USA this is helping smaller companies like mine to attract far superior talent. I was engineer number 1 in a Machine Learning division of an American company. I negotiated with my employer that I will move the whole division to India, hire in India at American salaries and deliver…
Are you hiring in India at present, then? I'd be glad to be a part of a similarly talented team :)
Re: India’s IT industry laid off more than 56k employees this year
#313I truly believe offshore IT work was mostly a scam in the first place. The work they produced was of very low quality, and often was more expensive because you had to go back in and fix everything. The whole game was to overcharge western firms for cheap crap produced by shoddy programmers overseas. The IT outsourcing firms would pocket the difference. Come in and promise the world, overbill and underdeliver. Then th…
Why has been the scam running for almost 30 years now?
The same reason any other scam works: Somebody along the chain has exploitable greed, so that they believe something "too good to be true."
The real question is why it would be in temporary decline this year.
Re: India’s IT industry laid off more than 56k employees this year
#314Earlier quoted context omitted.
badly implemented remote tests. Ftfy
https://www.reddit.com/r/ProgrammerHumor/comments/4k994j/if_... This is how good talent views any kind of tests. I can't blame them. There is no other professional industry in the world, where candidates with 6+ years of professional success are asked to sit a god damned test every time they apply for a job. Insulting doesn't even begin to describe the problem with this concept. Don't get me wrong, I understand where…
> There is no other professional industry in the world, where candidates with 6+ years of professional success are asked to sit a god damned test every time they apply for a job.
But is it because it is hard to fake knowledge in other industries or is it because it is easy to find out programmer is faking?
If there's so many programmers who can't do fizbuz, are there as many managers, doctors, lawyers, etc who can't do basic stuff despite perfect CV?
Re: India’s IT industry laid off more than 56k employees this year
#315Earlier quoted context omitted.
Why has been the scam running for almost 30 years now?
The same reason any other scam works: Somebody along the chain has exploitable greed, so that they believe something "too good to be true." The real question is why it would be in temporary decline this year.
Such layoffs have occurred in the past as well, this is nothing new.
Can you point out similar scams which have been running for 30 years where revenue kept on increasing in billions
Re: India’s IT industry laid off more than 56k employees this year
#316I see a large number of bright Indian developers now staying back in country because its almost impossible to get H1B visas (that was actually the case even without Trump and now its getting much worse). This has started interesting trends in India. All of the sudden, now there is VC culture shaping up and I'm seeing lots of Indian developers doing their own startups. Indian newspapers frequently are putting spotligh…
It’s good for India that strong Indian software engineers (or otherwise) stay or return to India. That is less brain drain (a tool of U.S. imperialism) on the country. If you’re Indian (or, frankly, Chinese or any other ethnicity) you won’t the smartest people coming back to your country.
The U.S. will be fine either way - there is an over abundance of H1B visas but for the time being the gigantic salaries of true experts will keep people coming here. Americans have enough people in country - they need to refocus their educational institutions and increase state and federal funding. If all of the best AI experts, for example, are from other countries, then that’s a national security risk and requires change.
Re: India’s IT industry laid off more than 56k employees this year
#317There will be many more. The India IT sector’s main play was cheap labor for low value-add IT tasks like basic dev or ops. The play a while back was to move day-to-day ops jobs to this cheap labor. Now the play is to automate this work so the jobs are disappearing. E.g when you move to the cloud with good architecture you don’t need tons of people pushing buttons and tweaking servers all day long. The India firms hav…
Might be the case with many IT services firms but assuming that so called home countries brains only can do serious engineering is quite short sighted. I head an engineering team from India and our team is local talent for a firm which is outside India. We believe we do some serious engineering. There is this west fixation that serious engineering can't be done outside. I am not saying it isn't true on most cases but…
I've found the quality of the "real engineering" in this scenario is much more variable than when using local talent (of any nationality, including Indian). I've worked with very high quality India-based "real engineering" groups and very low quality ones. It seems to me the latter dominate. I haven't seen the same variance in skill hiring from local talent originally from India.
Re: India’s IT industry laid off more than 56k employees this year
#318There are approx. 3.1 million employees[1] in India's IT sector. Is 56k (which is lower than 2%) so much? [1] https://www.quora.com/What-is-the-approximate-number-of-IT-e...
You're right it's a fairly small proportion, but when the workforce overall is growing by around ~1 million per month, growth within each sector is essential just to cope (figure source is 2 years old and not IT specific, but still likely to be broadly accurate: https://blogs.wsj.com/briefly/2015/07/22/indias-labor-force/ )
Re: India’s IT industry laid off more than 56k employees this year
#319Earlier quoted context omitted.
If they had a weirdly large supply you can be guaranteed an army of recruiters from FB, Amazon, Google et al would be lining up at campuses the way they do in India. The only limitation these firms face in growing faster is getting their hands on talent.
Bullshit. Tech companies are not competing for worldwide talents. The companies you quote have at most 3 offices in Europe: London, Zurich, Dublin. The first thing a recruiter will tell you is to abandon your life and your family.
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Re: India’s IT industry laid off more than 56k employees this year
#320Earlier quoted context omitted.
It's very far from "poor" when IT industry is concerned :). While pay rate is obviously lower vs US it's higher or on par with most EU countries. So for say Senior Java Dev (the pay is much more dependent on a stack vs US) making 66K - 72K which would be about half of what same person would be making in US (outside of SV), but tax rate will be around 3% vs 30% and cost of living is a fraction of what it is in US. Whe…
I have a cousin who has a small SaaS business out of Belarus, and he says the top end of what he pays his devs there is $500, which is quite a bit lower than the numbers you're quoting here.
This is relevant to Ukraine in what way? I have unbelievably huge doubt that a Senior Java Developer with fluent English is making 500 in Belarus. Wargaming is Belarus company and they pay 50K in Kiev for Senior Python Developers and have a large office there. First random article on the subject http://goaleurope.com/2016/09/26/15960-software-developers-s...
EPAM generally quotes lower salaries vs what they actually pay as they think it helps set expectations in the market.