That extra twang in the tone is missing. And it may stay that way a long time. Hiring by it companies seems to have hit a rough patch with companies deferring joining dates for fresh hires. Mindtree, for example, has deferred hiring by two quarters.
Making the situation worse is reluctance among it companies to even visit campuses this year. A large engineering college in
Som Mittal, President, NASSCOM says, “For some time now, many of the large IT companies have staggered hiring and it has become more skewed due to the events taking place….it is not only the IT industry but as we are competing for resources in the domestic market and there has been an impact all around.”
Pratik Kumar, Executive Vice President-HR (Brand & Corporate Communication), Wipro says, “What you are witnessing is a staggering of joining dates which is taking place. I am not giving you a Wipro perspective, but since it is a general industry view. I can say that we are seeing it right now."
Most IT companies make offers to students in the third year of engineering and the recruitment cycle of companies is such that typically students join in the October-November timeframe. But most engineering colleges we spoke with say that companies’ have deferred hiring to February and are awaiting clarity on whether companies will be able to meet that new commitment.
