Decoding Disruption: Lay-offs in the Software Industry

Today, large firms that employ between 1,00,000 and 3,00,000 software workers are in the process of being restructured. Changes in technology, geopolitics and cut-throat competition have unleashed a cost-cutting drive. With respect to lay-offs, companies are resorting to informal practices and coerc...

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Bibliographic Details
Published in:Economic and political weekly Vol. 52; no. 22; pp. 16 - 19
Main Author: NARAYAN, DEVIKA
Format: Journal Article Magazine Article
Language:English
Published: Mumbai SAMEEKSHA TRUST 03.06.2017
Athena Information Solutions Pvt. Ltd
Subjects:
Automation
Business models
Cloud computing
COMMENTARY
Economic growth
Employees
Employment
Engineers
Global economy
Growth models
Hiring
Layoffs
Software industry
Software services
Technological change
Upward mobility
India
ISSN:0012-9976, 2349-8846
Online Access:Get full text
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Summary:Today, large firms that employ between 1,00,000 and 3,00,000 software workers are in the process of being restructured. Changes in technology, geopolitics and cut-throat competition have unleashed a cost-cutting drive. With respect to lay-offs, companies are resorting to informal practices and coercion due to legal constraints and fear of public backlash.
Bibliography:content type line 24
ObjectType-News-1
SourceType-Magazines-1
ISSN:0012-9976
2349-8846