IT sector slowdown's impact being seen in overall white-collar job market

An extended slowdown in the Indian IT services sector — the largest employer in the country’s white-collar job market — is having a cascading effect on the rest of the tech cohort of software product and startups as well as the overall white-collar job market, according to job market experts.

“The IT services sector is going through a systematic correction. The entry level has a talent glut with new campus graduates competing with the ones with 1-2 years of work experience, many of whom were laid off and are currently in the job market,” said Anshuman Das, CEO, Longhouse Consulting.

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