Financial crisis first affect the US, more people lost their jobs and some of them got suicide with there family also. Now It affects India by the Satyam computers. Satyam is the 4th best software company in India. But now its in the big problem and makes there employees unhappy. Satyam loss affect share market and software industries. So most of the software companies are trying to eleminate there employees.
Satyam loss not only makes unhappy to software employees, they also unhappy the future software engineers. Students who studying in engineering colleges have lot of dreams about software job, but now there dreams are totally demolished. Now a days, most of the companies stopped recruiting people. No opening for jobs today. Companies coming to recruit people from colleges are reduced. This year very less people only got placed in software companies, but they also not sure about job security.
Now its a question mark for all future engineers. What they will do for job. There is more than 6 lakh people studying in engineering colleges in India. Now a days, Arts college students get job quicker than engineering students. Even BPO also not recruiting engineers. Will this problem solve soon? or is it just a beginning of problem?
