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With the recession kicking in, is it a good idea to go to USA on H1B consulting jobs?

 
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I hear that layoffs are happening. So I can't imagine the fate of the consultants would be too good. They would be the first people to get fired. Is it still a good idea to go tp USA via body shoppers and with no guarantee of a job (leaving behind a job in India). I'm sure this thought has crossed the mind of the many H1B aspirants we have here; I'm curious to know what they have decided?
 
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Hi,
if it is recession period then even in India you would be lay offed..
it might not matter where you are..whether in US or India..the story will be the same.
 
A Bhattacharya
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Indian economy is blooming right now. Only US is having recession. Besides, layoffs are not very common in India.
 
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Originally posted by A Bhattacharya:
Indian economy is blooming right now. Only US is having recession. Besides, layoffs are not very common in India.



You look quite new to Indian IT industry.
 
A Bhattacharya
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explain.
 
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Originally posted by A Bhattacharya:
explain.


That sounds like an order is being given. Please remember that Be Nice is the most important rule around here.
 
A Bhattacharya
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please explain.
 
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TCS fired 500 employees in India yesterday.
Read Here.
[ February 06, 2008: Message edited by: Manish Hatwalne ]
 
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You are fooling yourself if you think a US recession is not going to hit hard in India. Whom do you think is hiring many of these contractors for outsourcing? If the US money dries up, they will cut contract to outsourcing firms, those firms will turn around and layoff people in whatever country they happen to be in.
 
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On the other hand, for the number of employees that the big indian consulting firms boast, firing 500 looks like business as usual.
 
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Lay offs are inevitable and there is no true job security in IT whether you are permanent or contracting. IT sector is highly volatile. That is why we all need to keep our skills current and polished. Also need to network and keep in touch with your previous employers and colleagues so that you can door knock.
 
Manish Hatwalne
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Originally posted by arulk pillai:
Lay offs are inevitable and there is no true job security in IT whether you are permanent or contracting. IT sector is highly volatile. That is why we all need to keep our skills current and polished. Also need to network and keep in touch with your previous employers and colleagues so that you can door knock.



Exactly - and those who have seen 2000-2001 slowdown, layoffs know better! Maybe Pradeep was referring to that.
 
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Originally posted by Manish Hatwalne:

Exactly - and those who have seen 2000-2001 slowdown, layoffs know better! Maybe Pradeep was referring to that.



Unfortunately, this time it may be worse. In 2000-2001, it was a reality check on all the "irrational exuberance". This time, there are a lot of companies (banks), which lost a lot of real money!

I don't envision many good developers seeing long term layoffs, but bad developers, inexperience developers, (or worse, a combination of both), could pretty much exit the industry entirely.

Henry
 
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The current slump in the US economy is not effecting IT all that much.

In fact, skilled programmers are in as great a demand as I've ever seen. I've also seen many news reports stating the same about skilled labor in other industries as well.

If you are skilled and have good communication skills you shouldn't have much difficulty getting a position in the US.
 
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I was at an event with a number of entrepreneurs and the general consensus was that VC funding will keep flowing and that startups are positioned to do well. Larger corporations not as much. Most of damage in the economy is in finance and housing, and then broader sectors based on disposable income such as retail. Tech itself while not unaffected shouldn't take too much of hit. Larger companies may slow down hiring and new projects and finance and some other industries will have layoffs even in tech, but I don't see a wholesale tech slump in the US.

--Mark
 
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