February 20, 2017

65% of IT employees not trainable in new technologies, likely to lose jobs, says Capgemini CEO

Capgemini India Chief Executive Officer Srinivas Kandula has said that 65% of employees in the country’s information technology industry are not trainable in new technologies, PTI reported on Sunday. At the National Association of Software and Services Companies annual conference in Mumbai, Kandula warned of high job losses at the middle and senior levels at domestic IT companies because of a change in the nature of work.

Kandula also raised concerns regarding the quality of the workforce, saying that many of the 3.9 million employees in the sector had been educated at sub-par engineering colleges which did not follow standard grading patterns. Companies had also not invested enough in upgrading their employees’ skill sets as they were answering to investors only seeking high returns, the CEO added.

Read more at https://scroll.in/latest/829780/65-of-it-employees-not-trainable-in-new-technologies-likely-to-lose-jobs-says-capgemini-ceo

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