IT intake comes down

As a result of the slow down in the economy, the recruitment process is hampered. The IT companies are taking

the slow down by cutting their intake. The major companies such as Satyam and Infosys had clearly shown a

reduction in hiring.

As per reports Infosys is planning to hire 25,000 people in the financial year 2008-09 compared to the 35,000 in

the financial year 2007-08. There is a change in 29%.
Similarly Satyam is hiring 12,000 new employees in this financial year whereas they hired around 16,600

employees in the previous financial year.They stated that this year they will be hiring 40-45% of people through

campus recruitments.

Both the company officials stated that they will be hiring more employees if the present economic slow down is

over or their business wants so.