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Thoughts on offshore firms?
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This layoff has no impact on LTC. In fact, I believe the restructuring and layoffs in the UK are due to LTC. They seem to be shifting most roles to India, making many UK positions redundant. Once this transition is complete, they might reassess roles within LTC, as there were several incorrect hires in the initial phase.
Not sure for this year. Chances from next year as they are hiring manay people and kept in different projects which are not in their skillset. So obviously layoffs will happens from next year or from every quarter also. Reason : performance review is every quarter
Very Little impact in India but from next year they may have regular assessments for India colleagues also
Chief
That is quite normal.. Laying off in US/UK and filling up those positions in India.. This is normal. India is the safest country ever for recession!
Good
Anyone..?