Hyderabad: Former NASSCOM chairman R Chandrasekhar believes that if the lockdown goes on longer because of the Covid-19 epidemic, there could be job cuts in the information technology industry. Chandrasekhar said that work from home (work from home) can be a positive aspect in the long run. This will open up new avenues for IT companies and save their investment. The former bureaucrat said that if the current situation worsens then startups may face problems.
Startups are running with funds from venture capitalists. He said that big companies will not cut jobs for two reasons. One, she does not want to lose her employees. Second, they do not lack the money to give to employees. Chandrasekhar said that even if some big companies cut jobs, they will remove temporary or intern employees. He said that as long as the pockets of these companies allow, they will not remove regular and permanent employees.
