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Mass Lay-Offs In Software Companies

If you thought that the recession effect is going to pass off in just about few weeks then you might be disappointed to know that according to the latest calculations from the financial experts, this is simply the beginning of it. Here is something that might just prepare you for something better.
 
As per the sources, it is being said that the software companies are going to come up with more stringent steps this year and this would mean that more layoffs would be happening at a large scale. Earlier, it use to happen in batches of 10s and 20s but now the numbers are going to be on the rise and there will be more press meets announcing the same.
 
While this is truly a tough and challenging decision the companies are being compelled to take, it is giving nightmares to many of the IT professionals who are still clinging on to their jobs and working a minimum of 12 -14 hours to ensure that they are indispensable and their presence is required. These are tough times…
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