Thursday, January 22, 2009

Is the Global Meltdown Beginning to Affect The Indian Youth? - New Article On Contentwriter.in

Is the Global Meltdown Beginning to Affect The Indian Youth? - New Article On Contentwriter.in

Certainly, Global meltdown is taking its toll on Indian Youths as well. Those already in job are trying to save their jobs and new jobs are out of question. The depression rate is increasing as no one feels safe because of pink slip which was recently shown to infinite employees in recent past. The situation is worst in engineering and banking field. The most effected ones are those who are struggling to get a job. Youths have lost hope.

And, those waiting for increments or change in job are having sleepless nights as are putting more working hours so that to be on safer sides which is leading to stress.

There is large cut down on outsourcing so those in BPOs and KPOs suffered a lot. Just think about those who were handed pink slips and that too while working. And, this depression has its effect in the whole market directly or indirectly. Everyone is suffering. Many shops in malls have been closed because of slowness and lack of capability to buy goods. In a recent survey it was estimated that even Event management companies have cut down their costs up to 40%.

Read the complete article here: Is the Global Meltdown Beginning to Affect The Indian Youth?

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