Interesting article and even more interesting are the lines
“The IT industry in India still follows the best practices it had introduced earlier. But this does not mean employees will work less. If they are being asked to stick to duty hours, this will increase the productivity,” explained Infosys Technologies HR head TV Mohandas Pai.
“Besides,” he added, “they are also being paid well to work hard. These are difficult times and if they don’t work hard then there will not be any industry left in coming days.”
The big IT companies seem to be affected badly. One of the reasons for the current problems is the huge trade deficit of the US and they can reduce it by limiting the work outsourced. Already the salaries earned by many IT professionals are very high, they may prefer to do the work (and keep the money) in US itself.
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