HeadHonchos.com in its survey carried out among leading IT companies in India has indicated that the global economic slowdown is expected to have limited, short- term impact on hiring in the Indian IT sector.
The findings of the survey suggest that industry is today better prepared to deal with the current slowdown as compared to 2008. As many as 62.9% of the respondents do not expect the global economic scenario to impact hiring plans, While 37.1% of HR heads surveyed do expect to cut back on hiring, interestingly only 8.1% of the respondents expected the slowdown to have any long-term impact.
In his response to the survey findings, Uday Sodhi, CEO, HeadHonchos.com said, "The hiring outlook for the IT industry is holding steady and feedback from companies indicates that they are better geared to deal with the challenges ahead. HeadHonchos has seen good traction in terms of IT jobs for mid-management & senior candidates over the last 6 months and companies on our job portal are going ahead with hiring decisions."
For this survey, HeadHonchos.com reached out to HR Heads in leading companies in the Delhi-NCR, Mumbai & Bangalore for their views.
