Wednesday, May 21, 2008

IT companies go slow on the hiring front

From a couple of articles out of India, here are more signs that the economic pressures on the IT market here in the U.S. are now being felt off-shore. India IT Hiring Slows. Reduced technology spending from U.S. companies, including off-shore investments, has led to companies focusing more on utilizing existing staff rather than hiring. Which in turn adds to the slowing of the Software Technology Park scheme so popular in India, so the IT firms there are not hiring at the pace that they have been in recent years. Even so, they are still growing at a solid pace according to this. India IT Growth Slows.

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