IT companies Date of Joining will Extend further!!!!!!

Date of Joining - ??????????
@vijbas (369)
India
September 16, 2008 9:13pm CST
hi mylotters, i think many of u in india will placed in IT companies and waiting for the Date of Joining. One bad news for all who are placed, the dates will extend further... Already software giants in india, TCS, infosys, wipro and satyam have withheld freshers till Jan,2009 due to US presidential elections and the change of policies hence forth. Another major hit has come to these companies due to the financial bankruptcy occuring in America. in the last nine months itself, 12 banking and financial companies in US have become bankrupt. since the major field for the Indian IT giants is banking and financial services, this has hit them very hard. Lehman Brothers, the major investment bank in US and American International Group(AIG), America's Largest Insurer by assets in the last week have made these IT companies to think about their clients and started talks with them.... So our Joining Dates may extend further..... Do u still prefer to join the same company u got selected or started searching for jobs?????
2 responses
@chinniR (661)
• India
17 Sep 08
hi vijbas, thanks for sharing. i got placed in L&T infotech. i have got a mail stating that the date of joining will be beyond February 2009. i just don't know what to do till that. i attended a few interviews, but it didn't work out very well. so i am just whiling away the time by surfing the net. i heard that the dates are being rescheduled once again. i just don't know what is going to happen.
@sumiirajj (1983)
• India
17 Sep 08
Hi friend,Mostly everyone facing the problems in IT companies.many students waiting for joining,now feel very bad as they would have continued their further studies atleast instead of waiting for the joining date.Yes its true that instead of waiting they would have atleast finished 1 year courses or MBA,if they had informed the correct dates.People who are in their jobs at present are in stake themselves as they are in the fear of their salary getting reduced.If this state continues,that only going to happen.thanks for sharing.happy mylotting.