The US technology slowdown is making Indian IT dons sit up and rework their growth strategies. In addition, TCS will be hiring experienced professionals also. We will soon also be putting out recruitment ads seeking software developers with a whole range of different domain expertise. There is no reason why this won't be repeated this year as well. This is despite the fact that two of TCS' biggest clients, Nortel and Lucent, have been hit hard by the recession and were among the first to announce profit warnings and job cuts in February.
All software companies have an attrition rate.