Top Indian IT companies delaying the onboarding of freshers hired in FY23 may give rise to a bigger problem, worsening the employment outlook for the tech talent completing their college degrees this year, industry experts warn.
What has come as a big shock and surprise has been the recent news of Wipro asking candidates who are yet to be onboarded to take a pay cut as projects in their category are not available immediately. This is perhaps happening for the first time ever in the industry.
Mohandas Pai, an industry veteran who was with Infosys as its chief financial officer