Well, it might be a surprise to many, but it was always on the cards. The way IT companies recruited last year..and the way dollor valud dropped its not a suprise.
TCS,IBM,CSC,Wipro already started the layoff. Many people are asked to resign and its just starting. US economy is not a good sign for people with H1B too, people who quitting IT companies in India and chasing $s..
