Hiring Slows for Indian IT Services and Call Centers

[OhioChick]

Tuesday, November 11, 2008 3:10 AM PST

India's IT services and call center industry is likely to hire tens of thousands fewer workers for the Indian fiscal year running from April 2008 through March 2009.

The industry is likely to only hire about 200,000 people rather than a projected 276,000, said Ganesh Natarajan, chairman of the National Association of Software and Service Companies (Nasscom) on Tuesday.

The revised figure represents a significant decrease from the 250,000 new hires recorded for the prior fiscal year.

The slow down in new hiring by the industry reflects lower revenue growth forecasts during the fiscal year because of the global economic crisis, Natarajan said.

New hiring will also slow on account of higher staff utilization by outsourcers, who have also reduced the "bench" of staff kept on standby for any sudden increase in client requirements, Natarajan added.

The new staff will be hired by the country's software services businesses as well as call centers and business process outsourcing (BPO) operations. The 200,000 figure includes hires by both Indian outsourcing companies and services subsidiaries of multinational companies.

More: http://www.pcworld.com/businesscenter/article/153656/hiring_slows_for_indian_it_services_and_call_centers.html

[Deja Q]

1. I had to reactivate Windows last week...

They've automated the process. I won't repeat the details of the call, but I was surprised.

[RUMMYisFROSTED]

2. ...as the last American call centers close.

:think:

[Merlot]

3. Can I move to India and get a job at a call center?

I speak perfect english, and I've always wanted to live i a foreign country.

Didn't America loose the same number of jobs in one quarter that thay are planning on hiring?

[OhioChick]

4. Good point.

We lost 240,00 last month and they're hiring 200,000.

[Azlady]

5. This HAS to stop!

Ha, I have thought the samething, perhaps I should move over to an outsourced call center.
I am so mad! We lost 240,000 they gain 200,000 this just flat out sucks

[PfcHammer]

6. I can haz

chicken tika masala and McJob?:rofl: