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	<title>Preetitechnani's Tech Weblog &#187; Global Economy and IT industry</title>
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		<title>Preetitechnani's Tech Weblog &#187; Global Economy and IT industry</title>
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		<title>Global Meltdown and IT</title>
		<link>http://preetitechnani.wordpress.com/2008/10/23/global-meltdown-and-it/</link>
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		<pubDate>Wed, 22 Oct 2008 11:22:25 +0000</pubDate>
		<dc:creator>preetitechnani</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
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		<category><![CDATA[Future of IT]]></category>
		<category><![CDATA[Global Economy]]></category>
		<category><![CDATA[Global Economy and IT industry]]></category>

		<guid isPermaLink="false">http://preetitechnani.wordpress.com/?p=42</guid>
		<description><![CDATA[So the markets are down and are falling lower each hour (even as I write this!), and there is a global meltdown. After Jet Airways firing off staff and then taking them back again, there is a certain uncertainity among everyone. &#8220;Is my job safe?&#8221; is what everyone is wondering. Bad situation. I am particularly [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=preetitechnani.wordpress.com&blog=4188437&post=42&subd=preetitechnani&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>So the markets are down and are falling lower each hour (even as I write this!), and there is a global meltdown. After Jet Airways firing off staff and then taking them back again, there is a certain uncertainity among everyone. &#8220;Is my job safe?&#8221; is what everyone is wondering. Bad situation. I am particularly concerned about students who are in the middle of no where with their career decisions. Hospitality, Aviation, BPO, Banking and Finance &#8211; what is safe and what is worth it? Confusion Confusion Confusion. And obviously I am concerned about IT. I did some online research and let me share a few articles with you here, that I really liked a lot. The basic message is that the <em>IT indstry is considerably safe</em>- various factors considered, of course. The growth has definitely slowed down, but the hiring will not stop. Here are the links:</p>
<ul>
<li><a title="Nasscom" href="http://economictimes.indiatimes.com/Infotech/IT_indus_insulated_from_eco_downturn/articleshow/3619580.cms" target="_blank"><strong>IT industry insulated from economic downturn: Nasscom</strong></a></li>
<li><a title="IT &amp; BPO" href="http://www.nasscom.in/Nasscom/templates/NormalPage.aspx?id=54555" target="_blank"><strong>The Indian IT-BPO industry</strong></a></li>
<li><a title="NASSCOM Statement" href="http://www.nasscom.in/Nasscom/templates/NormalPage.aspx?id=54903" target="_blank"><strong>NASSCOM Statement</strong></a></li>
</ul>
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