Information Tech

Covid-19 second wave weighs down on India’s IT firms, captives


A woman walks past a graffiti on a street, amidst the spread of the coronavirus disease (COVID-19) in Mumbai, India, May 10, 2021. REUTERS/Francis Mascarenhas

Synopsis

The second wave has largely impacted younger employees, who make up the bulk of the workforce at these companies. A senior IT professional at US bank Wells Fargo’s captive unit in Bengaluru said several team members are on leave after being infected by the virus.

Global captive centres and IT services providers are starting to feel the adverse effects of the second Covid-19 wave raging across the country, with a significant number of employees on leave because either they or their dependents are falling sick because of the infection.

The second wave has largely impacted younger employees, who make up the bulk of the workforce at these companies.

Most organisations are seeing a direct impact on 15-20%

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Source : economictimes.indiatimes.com

ASu
I am tech enthusiast and a keen learner, Currently pursuing Bachelors in Computer Science from University of Delhi
https://technewz.org

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