Party Over for Indian Software CooliesÂ
With Indian IT majors like Infosys and Tata Consultancy Services openly expressing concern over project delays and the deteriorating economic situation in the U.S., the big question is not if but when the big desi software companies will start firing their software coolies.
The economic malaise is now spreading to Europe as well.
For Indian IT companies, the U.S. is a major market and significant macro-economic weakness here cannot but have an impact on their fortunes.
The collapse of the housing market, rising tide of home foreclosures, Continue reading »
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