A view from People lens |
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THE blue-eyed boys of the Indian economy have tears in their eyes; the once irrepressible software and finance sector has suddenly gone soft, taking its toll on the much-envied professionals. What started as a tremor in the US has resulted in a full-scale economic earthquake across the globe. How could the Indian Business sector, which owes all of its growth to the US, escape this unprecedented down turn? The result is that not only have fresh recruitments been frozen, but pink slips are showing up by the thousands and salaries are being slashed across the board. Read More.