IT placements in B-schools feel Trump's pinch, down 20-40%

 US President Donald Trump’s protectionist rhetoric, muted growth numbers and rising automation have forced IT companies to cut down on hiring. IT recruitments have fallen by 20-40 percent this season at the country’s management institutions, with students at B-schools in tier-II cities in particular feeling the pinch, according to a report in The Economic Times. The report says new US President Donald Trump’s protectionist rhetoric, muted growth numbers and rising automation have forced IT companies to cut down on hiring. IT firms are typically among the largest recruiters at B-school campuses. While IT hiring dipped by 26% at Management Development Institute in Gurgaon

Great Lakes Institute of Management in Chennai recorded a decline of 30% in placements. At Welingkar Institute of Management Development and Research, the figure was almost 40%. At one business school, Infosys hired just 13 recruits compared to 40 last year. The decline can be seen as a fallout of the new regime in the US, which has promised to restrict immigration and bring jobs back home. 

The Trump administration has also indicated that it would introduce curbs on H1B visas, popular among Indian IT workers. In anticipation of these restrictions, Infosys and Tata Consultancy Services have already indicated that they will hire more engineers from US campuses. Automation also poses a challenge, Vineet Nayyar, Vice-Chairman of Tech Mahindra, had earlier told that with automation and analytics assuming greater importance, there would be lower intensity of manpower.  In addition, most of the IT majors including Wipro, TCS, and Infosys have reported muted numbers this quarter

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