In under two years, 23-year-old Laveen Bakshi has experienced a wide range of emotions in his stillborn career in information technology. For the electronics and communications engineer from The Maharaja Suratmal Institute of Technology, Delhi, the initial thrill of getting an offer letter from HCL Technologies, India's number four software exporter, has now given way to dejection, desperation and anger after a near two-year wait for a joining date.
At least 6,000 others are in the middle of such frustrating waits to join HCL and other IT companies. Once a magnet for skilled manpower, especially engineers, IT companiesare now hiring less -- the sector hired 200,000 people last year, 50,000 less than the previous 12 months, according to industry body Nasscom.
A global slowdown and a slow-to-change local industry have crimped hiring, and with it, the aspirational tag long enjoyed by this sector. "A feeling of disgust has replaced our previous feeling of pride," says Bakshi. Having waited for months for a joining date, he has also discovered that hiring plans for the 2013 batch are afoot; and as a graduate from the previous year, he's out in the cold. HCL TechnologiesBSE -0.25 % didn't make its executives available for an interview, despite repeated requests. For complete story see here
A global slowdown and a slow-to-change local industry have crimped hiring, and with it, the aspirational tag long enjoyed by this sector. "A feeling of disgust has replaced our previous feeling of pride," says Bakshi. Having waited for months for a joining date, he has also discovered that hiring plans for the 2013 batch are afoot; and as a graduate from the previous year, he's out in the cold. HCL TechnologiesBSE -0.25 % didn't make its executives available for an interview, despite repeated requests. For complete story see here
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