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Acute job crunch in US IT field
By W.Chandrakanth
HYDERABAD, JAN. 31. Those seeking jobs on HI visas in the US
through consultancy services beware! A severe job crunch this
week is forcing several companies to go in for huge lay-offs.
Lucent has laid off 10,000 workforce in this week alone and AT
and T, another 3,000. Motorola (2,500), Informix (500), Gateway
(3,000), CNN (3,000) Nortel Networks (2,000) are other companies
which took a cue from some of the leading companies and resorted
to lay-offs, according to information reaching here.
Motorola is expected to lay off another 10,000 employees if the
same situation continues in the next two to three weeks,
according to observers in the software field.
Though this trend has caught everyone by surprise, it is the
freshers who are arriving in the USA who are probably going to be
hit the most by the crunch. Those proceeding to the dreamland
with a mere `get-through' qualification holding proficiency
certificates of some courses and not sufficient experience are
the ones to be the hardest hit as they may have to be on the
`bench' for an indefinite period.
The established ones in the field have already circulated a
warning to Indians through e-mails and are asking them not to
waste money on consultancy services for the time being.
"Unless, one is already holding a job in India in some company or
the other and is on deputation, please do not venture into the
untested waters. The situation is real bad here. Wait till it
cools down a bit, we shall let you know. Be in touch with your
friends and well wishers before falling prey to the designs of
the fixers", is the warning they send down to the people here.
The irony is that global demand for high quality IT professionals
is growing rapidly and existing programmes offered by the
universities are unable to meet the requirement both in terms of
the number of professionals and their skills in handling the
latest technologies.
The challenges that the software experts are now facing cannot be
met by "half-baked experts who spend time learning in dingy
tenements with one or two outdated PCs and with the help of
inexperienced teachers. What the companies are now looking for is
quality material and paying a little more they can get more work
done by the genuine professionals", observes a top-notch HRD
expert on the scene.
The US Bureau of Labour had projected that over the next 10 years
the top five fastest growing occupations will all be IT-related.
It was also estimated sometime back by it that in the US alone
there would be a requirement of three lakh IT professionals
during the period.
"But, this does not mean that they are ready to take anyone and
everyone", says another expert.
They advise people to explore opportunities in other countries,
instead of blindly queuing up before the US Consulates. The
opportunities in Germany and Japan and other European countries
are many though the pay may be a little less.
India in general and Andhra Pradesh in particular have
traditionally been major contributors of software professionals
to the global IT industry. In all 23 per cent of IT professionals
in India come from Andhra Pradesh according to a survey of
NASSCOM sometime back. So, better watch out before taking the big
leap.
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