Impact of Corona virus Outbreak on IT Freshers Hiring

  • Hiring of fresh engineering graduates from college campuses by information technology (IT) services companies is likely to be delayed due to global spread of coronavirus.
  • As demand gradually goes down ,the hiring from engineering colleges would also face a massive hit.
  • Since 55-60 per cent of the operating cost of Indian IT services players comprises wages, hiring of college graduates keeps cost in control, apart from infusing young blood into an organisation.

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