I think everyone will agree with this that in last 1-2 years we have seen a tremendous change in Indian IT industry and tremendous growth in Salaries and negotiations. Can someone explain me the factors that are triggering it even when the world markets are in huge correction phase and we are also seeing layoffs and revoked offers.

like
Posting as :
works at
You are currently posting as works at

Money Printer goes brrrrrrrrrr 💵💵 and Indian money printer going brrrrr x2. Rupee sliding against USD despite inflation in US which means foreign investors can afford to spend more in India since our currency is losing value against theirs.

smart

Inflation and free money printed in US

Related Posts

Hi Team, I was part of the layoff at Elastic last week. Our whole midmarket AE department was eliminated.
Does someone hire for a midmarket/commercial AE position in The Netherlands?
I am a native German speaker. Of course I already applied via LinkedIn, but I urgently need a new job in January.
Thanks everyone!

like

If you are laid off for hours, what is a neural reason for saying that your employment ended? Especially if there is a month or two break in finding employment.

like

Layoffs at CDM ... again

likehelpful
like

WFH/Layoff/Security
Hi,
CCTC including all benefits is 16.57 with 8.3 YOE, primarily focused on Manual Testing.
Is it worth looking for another opportunity?
I am afraid after seeing layoffs news of EPAM, Publicis Sapient & most of the other companies calling employees in the office.
I love my WFH in PwC India & base location of Kolkata. & the best thing is stability in PwC India, they never lay off!!

like

To everyone that’s been laid off I just want y’all to know that I’m with you. That is why I’m doing the bare minimum until it’s my time to go.

likefunnyupliftingsmart

Hi Folks. Switching from product base to service base at level 9 in accenture in SAP Domain .
Can some1 explain how the journey starts from day 1.
Heard Noise abt client interviews , bench process,layoffs etc etc.
Need Serious Comforting advise.

like
like

What is EY’s reputation like in Charlotte and the Carolinas region? I hear they had layoffs around a year ago. Is all of this sorted out?

like

Got laid off but found a job. Unfortunately I can’t start for like 2 months. Any ideas on jobs I could do in the meantime? Can’t drive so no Uber. Willing to do minimum wage, anything will help

like

A small part of me wish I would get laid off and be forced into freelancing so I can make 💰 💰 💰

like

LA: after months of layoffs and salary reductions, we are back! Looking to hire a rockstar LA-based Project Manager at our small independent agency. Projects vary from photoshoots to retail to branding/strategy. Looking for mid to senior level. Diverse candidates encouraged to apply! PM me for details.

like

Considering an offer to go from firm (4 YOE) to become a privacy/product counsel for a tech company (non-faang). One concern for me is the potential of a recession in late 22 into 23 with the fed rate hikes. My fear is if that happens, me being on the chopping block as new in house counsel. If I stayed at the firm, I feel reasonably secure as an associate of not being laid off due to the market. How do in house counsel positions typically fare during lay off cycles? Any experiences to share?

like

Hi Fishes!!!
How is Coforge(previously known as NIIT Technologies) is for the Scrum master role on the basis of :
1. Work life balance.
2. Work nature.
3. No. Of teams handled by one Scrum Master.
4. Being Agile forum.
5. No. of reports and meetings for the agile forums not just teams.
6. Layoffs.

Please help me by answering as many pointers as you can.

Location is Noida.

Thank you.

like

Hi all, I have offer from TCS, Tata Technologies, and capgemini, Tata Technologies and Capgemini offering same ctc, for tcs it is very less, considering layoff situations which should be the wise decision in terms of job security and wlb

like

Has anyone working tech for a bank been laid off yet? Tech layoffs all over the media but no one is talking about developers at banks (who make up 1/3 of headcount in some cases)

like

Has anyone ever been "let go of"? Either laid off or fired. How did you get through it?

like

Recently laid off and looking for recruiters that specialize in media/strategy/advertising (both agency and client side). Sure there are others looking as well - would greatly appreciate any info.

like

Hi! Anyone has leads/connection for mid-level designer looking for remote job? I’ve only been in my company for a year but it has been so toxic (ex: we get last minute requests so many million times and many layoffs with no announcements or update from directors). I appreciate it! Thank you!!

like

Is PwC AC doing lay offs?
Especially from Tech Consulting (Insurance/Guidewire) practice??

like

More Posts

Hey everyone! Welcome to the bowl! :) Please circulate our link on other bowls!

like

My joining date in DXC Technology is on June. But i received laptop from DXC yesterday. Why the company is sending laptop so early and reason? DXC Technology

like

Working remotely for a US company but looking at moving to Canada (still keeping my US job) does anyone have experience with this? I’m assuming this would make PR trickier?

like

For other Senior Managers, Directors and above, how do you stay on top managing your team, and also your understanding of your users? I rely on my team through the projects they work on, and the insights they arrive at through the research/design process. I rely on listening to sales calls now and then. I'm curious what other tactics you have to stay informed?

like

Hi All,
I am joining EY GDS next month. I have heard a lot about hectic work hours in EY and no work life balance. Is it true? If yes, how many hrs working should we expect in a day to be mentally prepared.

like

I want to support our medical assistants- they do so much to help us! How do you make sure they feel our appreciation?

like

Week of Aug 27

Post Photo
like

Hi all, I have been practicing for 5 years (admitted in NY & NJ) and recently went in house. I just started a side business of writing blog posts for firms or solo practitioners. DM for more info!

like

How is the client Yahoo Supply? I got a proposal and any review would be helpful.

like

Should I take more initiative? It’s my stub year and I’m getting worried. My hours have been super low the past two months, I’m talking like maybe billing 3-4 hours a day and billing no hours on multiple days. I ask for work but the tasks I get don’t require a lot of time. Should I be reaching out more?

like

Hi Fishes , I need likes to DM. Please help.

likehelpful

Does anyone have a recommendation for a good premarital counselor in NYC or NJ?

like

We decided to do a photo session before the wedding for the two of us and family. The photographer and the location were amazing but the makeup was terrible, and because I was low on time, I couldn't fix it before the photos. The makeup artist make me look yellow! Idk if there's anything that could be done at this point, but feeling so disappointed :(

like

How much are you all spending on decor/flowers? I am in north jersey and want to spend no more than 4000, and wondering if that’s enough? Medium/tall centerpieces are 150+ and I’m trying to do some faux floral backdrops/arches myself

Post Photo
like

What’s the latest on E&IX with red hat abs cloud focus?

Booz Allen fish…Trying to gain some data for comparison. How many people are on your admin team? How is team morale? What’s turnover like? Are employees awarded or recognized for their work? How often? What about promotions? Are they happening regularly? TIA!

like

Anyone traveled or traveling to Peru anytime?

like

Hi fishes, I had completed three rounds including hirevue test for jpmc, HR had asked to share previous payslips but they have not come back post that, will there be any updates from them

like

any openings for associate (technology) in pwc..??

like

Additional Posts in Tech India

Hi Guyz, Need advice

I have expertise in Mobile application
development.
I know android ,flutter and react native.
But as I am progressing in my career I get
to know I love doing coding for business
logic rather then Ul part.

So I am planning to learn any backend
technology as well. I am thinking to start
learning nodejs. I just know Javascript
and totally freshie in backend.
Is it good idea to learn any backend.
technology and what technology I should
go for nodejs, dot net or anything else.

like

When we are going to receive the appraisal for Non-IT team

like

DXC Technology any idea how much time dxc take to release the offer letter... yesterday my friend's HR round done and they are ready to give 35LPA for 7 yr exp..SFDC but HR said it will depend on senior leadership whether they will approve this ctc or not...

Any idea if they will approve or not??

like

Hello Everyone,
Hope everyone is doing well.
Can anyone help me please how many leaves we get per annum in Barclays ??

Is bigbasket Bangalore is good to join as a senior engineer??
Is work life balance and job security is issue there ??

Asshole move by Microsoft to turn office into subscription service

like
like

Sabse bada rupaiya

Post Photo
likefunny

Evaluate my offers please. Which one would you choose?

Google - Cloud Security Specialist (GCP, L5) - 54 fixed+ 8 bonus + 47k USD stocks over four years ( 33-33-22-12 vesting)
Series D startup - Security Architect - 55 fixed + 5.5 bonus + 45k USD stock options (ESOPs) over four years (equal vesting?
Goldman Sachs - VP, Cloud Security - 50 fixed + 12-14 bonus + No stocks

Yoe - 10. Thanks!

like

Guys.. Please help..
- Jpmc(28 fixed + 8-10% Variable bonus) bangalore
- Deloitte India (28 fixed + 1.5 joining bonus) Gurgaon
- Current company (bofa) retaining with 45% now and 20% in end year (total ~28 fixed only).

CC: bofa
Yoe: 6
Current location: Dehradun/Gurgaon

Should I accept ans retain in the same company??
Please help

like

How about comcast developer role in Chennai - Sky project.
Job security?
Career growth?
Work life balance?

Please give suggestion

like

Hi Guys,

How are the opportunities in data analytics domain for a Msc Physics as a fresher. And can you suggest some good online platforms.

like

My wife has her joining date extended from Randstad and no joining date has been provided. What are the chances of her offer getting revoked. She has around 1 year of experience in HR. She got to know about this just on the last day of her notice period. She doesnt have any other offer as she didnt expect the joining date to get extended. Randstad. If anyone is open for hiring, please let me know. I can share it with her. Morningstar Tata Consultancy Accenture JPMorgan Chase Wells Fargo Infosys

like

We Indians are so poor we can't think anything else except money. Whole Fishbowl is all about YOe and Salary. No one interested about if any company doing any innovation or not. B-Tech colleges put ads with Package and Campusing only. Almost 99% Indian YouTube thumbnail is like "5 lakh to 40 lakh", "Interview Experience in bracket 50Lpa" etc.. Hardly we can see Foreign Editorial things marked with Packages.

#sharing thought.

likeuplifting

Can anyone let me know the levels in Accenture?
I got offer for- Application Developer Senior analyst.
Management level- 10
What’s the hierarchy in Accenture and how is my role compared to my 3.5 yoe.

Total YOE- 3.5
Tech- Data Engineer (PySpark, Big Data, hive, hadoop, python, sql) Accenture Accenture India

What are the best ways of tax exemption

like

I shifted from time domain to frequency domain😅

Post Photo
like

I am looking for a workato Developer
EXP:+1 years in workato
if anyone know any opportnuties Please let me know Thanks in advance:)

like

Do you cringe when you see your old posts sometimes?

like

Hi,
I have 7 YOS experience, I have two below offers:
Society Generale - 21.8 LPA(Fixed excluding EPF & Gratuity) + 5Lacs(Variable)
Encora - 23.5LPA(Fixed excluding EPF & Gratuity))

How the job security in both and which one is good to join? Please suggest.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal