IT is sinking, or is it?

Hello folks, you might be reading daily in the newspapers that the IT (Information Technology) sector is sinking, big losses, job cutoffs, layoffs and no recruitment. Well that might be true, infact it is, but sometimes I wonder, why doesn't it bother a few people, the elite group!

My point of writing this blog entry is to give a clear picture of what is going on in the IT sector and why. Like I said, the IT is sinking, but despite of this fact, I have got 4 job offers (2 from in-campus placement and 2 PPO offers). Why is it so, that a few people get so many jobs and a few don't land up with one god job? One might feel that I am trying to boast myself, but that's not true and the fact remains there. My cousins, engineer from reputed colleges, are still searching for job. Why is it so?

Well the reason lies in the fact that due to the fall in IT, the companies has shifted from hiring quantity of employees to hiring quality employees. So instead of hiring bulk of people they are hiring a few good and experienced people and treating them well. So despite the fall in IT, job of many people has not been affected while majority of people are into the search of jobs. This trend has let to lay-offs, cutoffs and everything. This paradigm shift has made life miserable for many people. Also the hired employees have to work for longer hours as they are doing the work which was one by 3-4 people earlier. Therefore, the employees and the unemployed are both affected in a bad way, due to this shift.

Redifining the post from the conclusion, I would say "Yes, IT is falling, and the employers are trying to compensate that . At the losing end are the employees and the people looking for jobs".