Accenture Cuts 19,000 Jobs, Slashes FY23 Revenue Growth Forecast

In an indication of worsening macroeconomic conditions and its impact on the IT sector, Accenture Plc on Thursday announced that it would cut about 19,000 jobs or 2.5 percent of its workforce over 18 months and lowered its annual revenue projections for…

Business As Usual For IT Companies Despite Omicron, Say Experts

The United States and UK are the top two markets for the $190 billion Indian IT industry and the spike in Covid-19 cases has brought back concerns of a global lockdown, and how this would impact the sector. Sanchit Vir…

US Imposes Fresh Curbs On H-1B Visa

The latest changes to the H-1B visa program introduced amid a tough US presidential election campaign are expected to directly affect technology companies, foreign workers, and employers who rely on these non-immigrant US visas. “IT services providers can expect delayed decision-making and…

Trump Takes Another Stab At H1B Little Realizing It May Cause More Harm Than Good

Last night the US administration sent yet another shock wave to the Indian IT by announcing changes to the H1B visa program again. Amongst the broader posture of clamping down aggressively on the number of visas issued, the Trump administration has…

IT Companies Resort To Layoffs As Pressure Mounts Due To Covid Crisis

The information technology (IT) industry is laying off thousands of employees across the globe and in India, on grounds of non-performance, lack of projects and rightsizing surplus staff as pressure mounts on firms due to an uncertain business environment.  …

Cyient, TCS Slip Over 0.5% Amid Report Boeing 737 Max Crisis To Hit IT Cos

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Accenture’s Acquisition Of Droga5 Gives It An Edge In Consultative Sales

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Genpact flags Trump policies a risk

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Proposed Changes to H1B Visa Norms Is An Opportunity And Not A Threat

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Nasscom Pegs IT-BPM Exports Growth Rate At 7-8 Per Cent For FY17-18

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Reskilling: Indian IT Sector Starts Massive Effort To Learn New Tricks

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Suspension On Expedited H-1B Visa To Affect IT Cos

US' decision to temporarily suspend the expedited premium processing of H-1B visas will lead to process delays for  IT firms too. Greyhound Research Chief Analyst and CEO Sanchit Vir Gogia said that while the change by the Trump Administration has…

Donald Trump’s H-1B Visa Restrictions Will Not Be A Deterrent For IT Sector; Here’s Why

Despite the impending dark overtones cast on India’s IT sector, the reality on the ground is far from anything bleak. Irrespective of the announcements from US president Donald Trump, Brexit concerns and the slowing global economy, the IT sector seems…

H1-B Visa Restrictions: Experts Say US Too Will Feel The Heat Of Donald Trump’s Plan

Today a legislation impacting H1-B visa programme has been introduced in the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the bill more than doubled the minimum wage requirement of…

This Country Will Be Most Impacted If US Passes New H-1B Visa Bill

It may not be a good time to be a techie in America. Correction: It may not be a good time to be a non-American in Trump's America. "Skilled foreign workers who come to work in the US by the…

What H1B Visa Reforms Mean For IT Companies

Software services industry, already facing pressures on profitability and revenue, has become the latest target of the Trump administration’s moves to protect American jobs. The prevailing protectionist sentiment will lead to a sharp rise in on-shoring and near-shoring arrangements, said…

New H-1B Visa Announcement: Skills Not Salary The Trump Card

On 31 January 2017, an announcement impacting H-1B visa programme has been made by the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the minimum wage requirement of H-1B…

Course Content In Learning Outsourcing: From A Point Of Failure To A Position Of Strength

At Greyhound Research – the Technology & Innovation Research, Advisory & Consulting arm of Greyhound Knowledge Group – the year has started on a rather interesting note. We’ve just closed our annual study, Global CLDO Priorities 2017, and the results…

Indian IT Firms Face Uphill Task For New Contracts Up For Rebid

India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as BNP Paribas, Procter & Gamble, Johnson & Johnson, Citigroup and DuPont will look at their existing contracts…

Wyde Pitches For The Trillion-Dollar Insurance Market

While it may not be one of those typical posh offices in Manhattan’s Park Avenue, the office of Wyde.com is nonetheless upscale for a small technology business. At building No. 460, Rajesh Makhija, CEO of the $50-million software product SMB,…

Using Digital Transformation To Improve Sales Effectiveness

In an omni-channel world, the evolution of go-to-market channels is undoubtedly enforcing a change in the role of Chief Sales Officers (CSOs). Traditional go-to-market channels like retail stores are being replaced by new-age digital channels such as mCommerce and eCommerce…