it all depends on your interest buddy ... IT industry is going through a bad patch at the moment but it surely will come back to its normal ... and will provide employments to lakhs of ppl... i myself am a final yr student of mca and placed in Infosys ... i still think that IT is a booming industry ... this bad phase will get over soon...
with the recession, IT Co.s are trying to cut costs. and the best way is to fire high cost employees and to replace them with lower cost freshers.
I personally know that TCS is recruiting grads at lower salaries and training them themselves.
So for a fresher in IT, its quite promising. As our friend Saurav has confirmed.
some parts of your comments are correct ... but these are real difficult times for freshers in the IT industry ... let me try to explain this -- i myself am facing this situation
the smaller firms are not recruiting ppl now ... so its difficult for freshers who cannot make it into IT majors to get a job now . more over what the IT giants are doing behind the scenes is -> they are recruiting ppl or at least are claiming to fulfill their commitment towards the offered ppl that they ultimately will be called and this is true BUT ... they are making freshers suffer real hard in the training period now ... 25-30% freshers are shown the gates during the training period for poor performance ...
for ex lets talk of infosys itself:
Infosys training has always been considered very challenging but ppl used to clear it with some amount of hard work ... only about 1-2% ppl were unable to clear the training period but now they have made the entire training schedule so difficult and hectic that even the brightest of students are suffering there ... more than 25% trainees losing jobs for poor performance...
strictly speaking 30-40% of freshers recruited by firms like infosys and TCS are of very poor quality ..... Before recession they tolerated these people mainly because in order to get projects from big companies they had to show that they had a lot of manpower ..... But now they are unable to meet the operational costs of maintaining such a large employee pool .... so the 'quality standards' have also been raised .......
Its cyclic.
It was the same situation 10 yrs back. then it peaked up. today again we r back to the bottom.
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