back to article India Big four outsourcers all have people problems

India's big four services giants are doing it tough, with Wipro and HCL deferring pay reviews and rises, Infosys rumored to have done the same, and TCS again postponing onboarding for workers to whom it's promised jobs In its first quarter FY24 earnings press conference, Wipro announced [VIDEO] it would be delaying its wage …

  1. MachDiamond Silver badge

    Pandas on the moon

    China has had a moon program for a bunch of years now and has been steadily knocking down all of the milestones they need to be sure their Taikonauts will land in good order and get back home to much cheering and riding on shoulders. What I see as a big concern for the rest of the world is that they are thinking long term. China could be the first country to place longer term habitats on/in the moon and start doing the science to figure out if manufacturing on the moon will have advantages for high margin products such as semiconductors and metallurgical products. Commercial enterprises could then follow on with an expansion of the habitats or a private industry lead development after government funded research has paved the way.

    1. druck Silver badge

      Re: Pandas on the moon

      How many dashes will the line have to take in the moon too?

  2. ecofeco Silver badge

    Pay cuts and no hires?

    What's going on over there? Something serious is happening. But what?

    1. ComicalEngineer

      Re: Pay cuts and no hires?

      Yes, they've run out random phone numbers to ring with the opening gambit "I'm from Microsoft..."

      On a more serious note, the whole outsourcing to India model is becoming less popular and costs are rising.

      ChatGPT is also seen as areal issue and I expect mass layoffs in the not too distant future.

    2. NeilPost Silver badge

      Re: Pay cuts and no hires?

      It’s called race to the bottom. Even in India. Last driven by cost of living crisis, driven by by war-profiteering.

    3. tatatata

      Re: Pay cuts and no hires?

      The Indian outsourcing companies were very popular because they were very cheap. Partly because of cheap labour in India, partly because of tax reasons her in the west (in the Netherlands, 30% of the income of foreigners used to be tax-exempt for 8 years). Good programmers from India are no longer as cheap as they used to be. Tax benefits are diminishing. So, the profit of the big companies are down.

      Together with the observation that IT personnel that knows the environment can do a better and quicker job than remote personnel that just execute tickets, I'd say that things will get worse in India.

  3. Anonymous Coward
    Anonymous Coward

    One smart engineer with Terraform and AWS can do the work of 100 outsourced warm bodies from companies like these doing it manually. Their business model is obsolete.

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