Hi all,

Is it recession really going to affect IT sector in 2023?

Should we make a switch in such uncertainity for higher salary or stick in same org if it is stable for next 6 months or so so to avoid job loss?

M confused and want to know thoughts from fellow members.Tata Consultancy Accenture Newco

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Yes, recession has already hit other countries and we can see the indirect effect in India also, many companies has freeze their hiring process. If you have a stable job then don't switch. After recession, again companies will be in need of new resources for which they will be ready to pay huge. Till then up-skill yourself and utilise this time .

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Stay put..i guess the best would be, not to make changes till December. Already cost cutting and cautious spending has started across service/product companies. 2023 Q2 would show how things are settling in for movement. 👍

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Dont switch now let it pass..

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