As the digital technology had increased to a vast level, Domestic IT Industries are adopting the change in work nature, a prominent IT firm has said that the majority of work forces does not compliment the required emerging skill-set and warned high losses of jobs between middle and senior level.
Capgemini CEO, Mr. Srinivas Kandula said: “I’m not very pessimistic, but it is a challenging task and I tend to believe that 60-65% of them are just not trainable. A large number of them cannot be trained. Probably, India will witness the largest unemployment in the middle level to senior level.”
He also commented that most of the employees came from low-grade engineering colleges which do not provide proper grading for the students. More than 3.9 Million engineering students are zealed for maintaining good records.
This statement came up when the industry lobby NASSCOM set the requirement to re-train up to 1.5 million engineers or nearly half of its sectoral workforce. At the National Association of Software and Services Companies annual conference in Mumbai, Kandula warned of high job losses at the middle and senior levels at domestic IT companies because of a change in the nature of work.
He also added “ For some unknown reasons, we call it a knowledge- driven industry. If you have that kind of talent, and then making them learn the existing technology itself is such a huge challenge.”
According to the study, students aren’t able to answer the questions regarding their subject when asked in the interviews. If the critical remarks continue, 82% of the engineering students will be unemployed.
Major IT services companies in India have become manpower oriented business, Rather than talent oriented business. Indian IT companies should think like Startups where each employed resource contribution will be equal to more than 10 people from MNC’s. Apart from this employees at startups tend to learn and experiment new technologies unlike MNC’s where they stick to standard client requirements.More over the agile environment at startup cultivates the habit of leaning and execution which is no where to be seen major It companies. If Indian IT companies have to overcome this Trump Bubble they have to think , Work and hire like startups.