Eminent space scientist G Madhavan Nair said the IT boom is going bust with increasing automation leading to shrinking employment opportunities for freshers even as he favored Indian companies focusing on creation of high end jobs and the domestic market. The former Indian Space Research Organization chairman said he had mentioned a couple of years ago that the so-called IT boom would go bust and “that is the phenomena we are now seeing”. “The recruitment for freshers (IT engineers) last year was reduced and this year in many places it has come to zero, that means that type of […]
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