Here is what i feel on US slowdown affecting Indian recruitment...
I was asked how much will US slowdown affect the Indian recruitment industry.. and i gave this input to him .. Well,we rather than waiting for it to get affected i think its effect has already started, i have recently come across an assignment with an IT MNC in which had actually shared the active positions with us ,(we being the vendor to the company )suddenly after the slowdown hits the newspapers , the MNC has withdrawn their hiring plans as they do not expect the work to come to them and hence they are cutting short on the resources, i think the mediocre setups have already started to know their existence lies in the dark. This has also added up to the fear amongst the candidates and trust me they are not actively looking out for a change because they do not want to go through the transitions of the new company and their ad hoc manipulations as per market demands. The rise in the compensation is also minimal and that's not exciting to the candidates. If you talk about sectors i...