Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries

India’s famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US and European markets.

“The dependency of US organisations on H1-B is very high. You cannot call Indian companies names simply because the US companies too are benefiting from Indian companies and their Indian employees working on US soil,” Firstpost said quoting Sanchit Vir Gogia – Chief Analyst and CEO, Greyhound Research.

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Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Futurist, Founder & CEO of Greyhound Knowledge Group, a Global, Organizational Transformation Research, Advisory & Consulting Group. He also serves as Chief Analyst & CEO of Greyhound Research, an Global,Award-Winning, Independent Digital Transformation Research, Advisory & Consulting firm. To read more about him, click here.


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One comment

  1. Indeed, the actual problem with H1-B is more obvious than TechM management wish to admit it. The sluggish market coupled with the rise in visa costs is definitely forcing Indian companies to rethink their outsourcing strategies

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