Friday, November 14, 2008
The Bear Hug!
Recession seems to have hit india as well. Off late I have heard from people about retrenchment. The other day I was hearing about Work Force reductions in a company in Kerala. As I understand most of the companies in Bangalore are doing it without publicizing. People are saying this will last for another 6-9 months and the worst is yet to come. I hope we sail through during this phase.