Subprime crisis hitting IT employment

The US sub prime crisis has made an adverse impact on the employment potential of the IT professionals by the industry. This is affecting specially those awaiting prospects of employment abroad. The US companies are cautious and awaiting policy decisions before offering jobs to professionals in India.

While the expectations from a candidate have risen due to the waiting list, the joiners also steer clear of start-ups. Freshers eye joining start-ups as a risky option.

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