Job Losses as India Tech Workers Face Cuts: Bloomberg does a flip-flop. Trump to be Blamed or not?
There are two interesting headlines on layoffs in Indian IT, both from from Bloomberg. The one from today (25th May 2017) claims "Trump Blamed for Job Losses as India Tech Workers Face Cuts." The other headline from May 11th claims "These Job Cuts Aren't Trump's Fault" The article in Bloomberg today basically quotes some former Cognizant employees to make an argument for a headline on Trump. The Article quoted Swapana Bhosale from Cognizant “Pulling people out of projects to sack them is unheard of in our industry,” said Bhosale, who demanded to be fired rather than resign so she can take legal action. The 36-year-old sees an unusual culprit behind job losses in the country’s outsourcing industry: U.S. President Donald J. Trump. Bhosale’s not alone in blaming Trump. In cities like Bangalore, Chennai, Pune, Hyderabad and Kolkata, thousands of engineers who have been axed or face dismissal are banding together on social networks and WhatsApp group...