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IT, banking sectors face brunt of hiring slowdown

Page continues to run Google's business, but has been asked to rest his voice, according to a Google spokeswoman. The company declined further comment on his condition.

A Maruti Suzuki plant in Gurgaon. Photo: Reuters
A Maruti Suzuki plant in Gurgaon. Photo: Reuters
The fears of a global slowdown across the world economy are taking a toll on the hiring scenario in India, with top companies putting off hiring and even handing out the pink slip to employees.The latest company to do so was Infosys, India’s second largest software services exporter, which has delayed bringing on board nearly 28,000 engineers hired from campuses to as late as July 2013.This has indeed raised doubts on the hiring pros...
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