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Gravitas: Why India’s I.T. employees may see a drop in their salaries this year

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Reports say India’s I.T. workers may see a drop in their pay packages by as much as 40%. This will affect not only the freshers, but also the CXOs. IT employees may also see a drop in their variable pay. What or who is to be blamed?

#itemployees #india #wion

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35 Comments

35 Comments

  1. @fjc528

    March 5, 2024 at 2:00 pm

    Salaries across the IT sector have been stagnant from the last two years anyhow. Even product based firms like Flipkart have not given any pay rises in last 2 years. That being said, Indian IT companies are some of the worst run companies across the globe.

  2. @mechanicalengineerturbo

    March 5, 2024 at 2:00 pm

    So happy about this

  3. @bcube9585

    March 5, 2024 at 2:00 pm

    Why it’s not fair, it’s very fair information technology salaries should drop down at lest 50% percent already was to-much paying 🎉

  4. @harmanbawa19

    March 5, 2024 at 2:00 pm

    I dont see any AI impact on IT jobs as of now. Yes laysoff are happening because they over hired in 2021-2022

  5. @RameshM-tl9tq

    March 5, 2024 at 2:00 pm

    Reduction is pay packages is evident from the fact that the exp folks taking an average 70-80% hike in their jump to another firm! Thats huge and that correction was bound to happen….

    This doesn't mean the firms who are offering low-end of the pay, also will reduce their offers by 30-40%… That doesn't make sense and its their loss EOD, of they do it.

    I cant imagine firms offering 3-4 lpa to freshers, suddenly reeucing their offers to 2-2.5 lpa

  6. @nikhilgill

    March 5, 2024 at 2:00 pm

    IT was never a sustainable job anyway without innovation and manufacturing our country will never get ahead

  7. @AnkitGupta1990

    March 5, 2024 at 2:00 pm

    there are plenty of colleges offering AI degree at the moment.. AI skill will also be a general
    skill soon

  8. @bala247online3

    March 5, 2024 at 2:00 pm

    Only BJP IS THE SOLUTION

  9. @Rrrr-yh9qz

    March 5, 2024 at 2:00 pm

    With Automation, Generative AI, Copilots based on GenAI, and further development of LLMs – gaining fast momentum and adoption — across Tech companies and organisations – the ‘Value’ of what these Professionals do or deliver is Coming down exponentially – leading to decreased Pay packages or even pay cuts.

    This will have a detrimental effect on the cumulative wealth in the economy and overall Demand, which will be Hit badly, especially in India 🇮🇳 where a Lot of well paying Jobs are in the IT and other allied sectors! 😢😢🎉

    🇮🇳 🇮🇳

  10. @sushant3196

    March 5, 2024 at 2:00 pm

    One good thing, this baniya government will no longer have to worry about employment by foreign companies. Oops! This also means real tax payers will disappear. Like me. I'm jobless for 7 months now.

  11. @walstondsouza447

    March 5, 2024 at 2:00 pm

    Their salary is anyway unrealistic High..

  12. @riyastir

    March 5, 2024 at 2:00 pm

    60k Indian Rupees is peanuts especially for US outsourcing

  13. @paranormaltalks722

    March 5, 2024 at 2:00 pm

    Needed recession to reduce the attitude for some dumb people

  14. @madskillzz66

    March 5, 2024 at 2:00 pm

    Isn’t she reading the script from a screen?
    So can’t a bot just do that reading? Replace her
    Oh wait, can’t chatgpt write that script too? Replace the script writer
    Now chatgpt will pay taxes, buy home, buy car …etc

  15. @whiteclouds618

    March 5, 2024 at 2:00 pm

    Keep smiling baby
    Maybe tomorrow instead of you AI Girl will be reading the news 🤣

  16. @AbhishekKumar-ub8co

    March 5, 2024 at 2:00 pm

    TCS still offers 3-4 LPA which was offered 15 years back.
    40% dip in this I cannot even imagine.

    maybe talking about IIT recruitment

  17. @chvbkmohan8804

    March 5, 2024 at 2:00 pm

    🇺🇸 is dangerous to world peace should fall

  18. @evbikereview

    March 5, 2024 at 2:00 pm

    Sad news for me

  19. @chvbkmohan8804

    March 5, 2024 at 2:00 pm

    Super IT companies should fall which give disparity in society with high packages

  20. @narasimhacharys

    March 5, 2024 at 2:00 pm

    More than layoff.. these news will raise fear for people who are planning to build a career in IT.. only thing we can do is try with confidence

  21. @candyfloss184

    March 5, 2024 at 2:00 pm

    No disrespect. But these news presenters will be the first one to be replaced by AI generated AI bots. 😅

  22. @dikshithchidu8399

    March 5, 2024 at 2:00 pm

    Thes days it has become a idea of many companies to take out 100 current employees in the name of ression and give jobs to new 150 fresher's that too with the half salary price than before and make Indian IT people work like domestic BPO 's(work more less salary)< less salary=less tax payers=less GDP GROWTH=INDIA development Dow graph=Indians and india suppressed forced to stay undeveloped>

  23. @haryakshmahadev6567

    March 5, 2024 at 2:00 pm

    Ye sab to laga rahta hai, aur jindagi ka hissa hai.

    जय श्री राम🙏

  24. @madhureddy965

    March 5, 2024 at 2:00 pm

    15+ year experienced IT employee is a burden for Company.
    Not at all a safe career in the IT sector…

    Best is to join as a Chartered accountant, Core job.

    SAP is best in IT

  25. @kingkong-sg9ss

    March 5, 2024 at 2:00 pm

    Well well well.

    If corporate is running loss. They can make work from home in that way they can reduce the cost, current, buildings lease, AC, foods hubs, travel cabs, and time.. But they are with political parties. These politician's build large apartments and houses for rent in metro cities and if middle class like us work from office they get rent and other revenues.. All our govt does not want a middle class to cross that bar..

  26. @pb6096

    March 5, 2024 at 2:00 pm

    That google employee is brother in law of Sunder Pichai

  27. @pb6096

    March 5, 2024 at 2:00 pm

    The early images doesn’t look like Indians … lol

  28. @MDman-vh5zz

    March 5, 2024 at 2:00 pm

    Difference between made in India IT worker vs Made in Boston University IT worker?? First of all my wife parents choose to be poor vs my country people genuinely can’t afford toilets..1.3 Billion people / 800million toilets… My American wife earns $100,000 spends 30k car lease payment 20k designer bags/cloths 20k holidays ….My $100,000 salary goes to Parents medical bills, 2brother plus 1 sister overseas university bills, parents house repayments, $100,000USD not enough!! I got to earn Million dollars per year OR someone in my family dies..When you have to hustle or someone dies!! You give up your 100k IT job thank your wife for giving green card AND become Elon Musk’ from poor South Africa🇿🇦.. My portfolio of businesses in America🇺🇸 Fleet of 10 taxis, 3 Seven11, IT consultant business, Real estate business, Mortgage brokerage business..(2024) portfolio growing!! Joint venture into Condo-developments….

  29. @Trending.Thangams

    March 5, 2024 at 2:00 pm

    These news culprits are great in spreading negative news as always never forgot the pandamic.

  30. @Humanity__5644

    March 5, 2024 at 2:00 pm

    Np we will go for agriculture

  31. @laishangthemnipponsingha8463

    March 5, 2024 at 2:00 pm

    Become a Baniya and be happy for rest of your life , no need to woory about study and IT layoffs

  32. @kartikpasricha9565

    March 5, 2024 at 2:00 pm

    Mam your job is already taken away by AI models who can read better than you… What you will do now ?

  33. @ourownway

    March 5, 2024 at 2:00 pm

    Modi is great 😂 Everything is loosing

  34. @victor256in

    March 5, 2024 at 2:00 pm

    Bas…ab ho gaya babalogo ka starbucks band. Kulad ka chay peeyo saalo. LOL.

  35. @oneplussoni8024

    March 5, 2024 at 2:00 pm

    Not only India- it’s dropping abroad as well. Globalisation is leading to cheaper workforce availability and so the drop can be seen and observed.
    IT companies are making layoffs a regular procedure pressurizing other industries as well to feel normal cutting their workforce.

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Putin Turns Kyiv Into a Kill Zone, Ukraine Unable to Stop Russia’s Jet Drones | GRAVITAS

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Russia has attacked Kyiv’s two key bridges four days in a row, aiming to paralyse the Ukrainian capital. Ukraine has struggled to intercept Russia’s jet-powered drones. Meanwhile, Ukraine accused Russia of attacking a civilian vessel in the Black Sea, resulting in at least one fatality.

#russiaUkraineWar #russia #ukrainewar #wion

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DELHI BUILDING COLLAPSE | Building Collapses Near Satya Niketan In South-West Delhi

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DELHI BUILDING COLLAPSE: A five-storey building housing a boys’ PG collapsed in Delhi’s Satya Niketan area on Sunday afternoon, killing at least three people and trapping several others under the debris. Rescue teams from the NDRF, Delhi Police, Delhi Fire Service and other agencies are continuing operations at the site. Eleven people have been rescued so far, according to Delhi Chief Minister Rekha Gupta.

The building, reportedly known as Hostel Daze, collapsed at around 1:30 pm. Preliminary reports indicate that repair or construction work was underway in the basement when the structure came down. Authorities have launched an investigation into the incident.

The collapse occurred in the densely populated Satya Niketan area near Delhi University’s South Campus, where several student accommodations and eateries are located. Rescue personnel are working through the rubble to locate anyone still trapped.

#delhi #delhinews #delhibuildingcollapse #buildingcollapse #delhibreakingnews #delhiaccident #ndrf #delhipolice #rescueoperation

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Israel-Palestine war | Hamas militants claim they want to release two more hostages | WION World DNA

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It has been revealed that the terrorists from Hamas who carried out the unexpected attack on October 7th, which led them to declare war on Israel, were under the influence of a potent and illicit synthetic stimulant.

#israelpalestineconflict #gazacrisis #WION

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Minorities under attack in Bangladesh: Singer Rahul Ananda’s house looted, torched in Dhaka | WION

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Popular Bangladeshi folk singer Rahul Ananda’s residence in Dhaka, a cultural hub, was vandalised, looted and burnt as attacks on Hindu minorities continued amid violent student protests in the country. Watch in for more details!

#bangladesh #rahulananda #bangladeshprotest

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UN Warns Sudan Aid System May Collapse | WION DISPATCH

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The United Nations has issued a dire warning that the humanitarian aid system in war-torn Sudan is on the brink of total collapse. Driven by severe funding shortfalls, raging conflict between the Sudanese Armed Forces and the Rapid Support Forces (RSF), and compounding seasonal disasters, critical lifelines are failing fast.

#unitednations #sudan #wion

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