The former president of the Confederation of Indian Industry (CII) said that during the ‘stay-at-home’ phase, the IT services industry has managed to turn people into working from home. According to IT industry veteran Senapathy (Kris) Gopalakrishnan, more than one million workers are expected to continue to operate from home even after the coronavirus-inflicted lockout situation returns to normalcy.
“Now I’m told that 90 to 95 per cent of people in many of the larger (IT) companies are working from home. And the change has been smooth and very, very quick. They’ve worked it out and I think it’s going to be part of the business continuity management, preparing in the future,” Gopalakrishnan said. Gopalakrishnan claims that at least 20-30 per cent of The workers will continue to operate from home even after the lockout has been lifted and the situation returns to normal. That accounts for around 1.2 million workers, he said, noting that four million professionals work in the IT-Business Process Outsourcing sector of India according to NASSCOM statistics from the industry body.
Infosys’ former CEO and Managing Director said he is not seeing job losses in the IT sector but “I don’t see recruitment happening.” He said wage cuts will happen in the IT sector. He said many people believe the effect of the coronavirus pandemic would be felt for 12 to 18 months, meaning recruitment for one and a half years will be “zero or late.”
Not only IT sectors but other sectors are being affected by the lockdown as well. This pandemic was an unforeseen event and has caused damage to masses and economies.