A file photo of former Infosys CFO V. Balakrishnan. Former chief financial officer of Infosys Ltd, V. Balakrishnan, however, appeared positive about the industry’s growth prospects next year. Balakrishnan agreed that the slowdown in hiring in the IT sector is going to persist. “Most of the companies have become highly productive, utilisation levels have gone up and also automation is kicking in and, so, hiring is going to be slower for the IT industry for the years to come,” he said. “Hiring trend is going to slower,” he added.

Source: Mint November 09, 2017 09:11 UTC