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Recession hits IT guys' marriage prospect
By
SiliconIndia,Wednesday, 29 October 2008, 22:41 Hrs
Hyderabad: The economic recession in India has brought the IT professionals' marriage to a halt. Contemplating on the IT slowdown and the job insecurity, parents of brides-to-be are no longer in the strive for grooms employed in the IT companies.
Parents are resorting to non-IT professionals as in the conditions of the employees can fluctuate. "It fluctuates. Day-to-day it can change," says Sharda Singh, a mother of a would-be-bride. Witnessing the various news on the IT slowdown one of the would-be-bride's father commented, "I'm very afraid of its effects." Parents have grown outwardly reluctant to approach for any proposals from any employee part of the IT sector, as they fear the uncertainty that has creped into the sector with the global economic crisis.
The prediction of National Association of Software and Service Companies, of slower IT export growth, the prediction of analysts of cuts in dollar revenue by some outsourcers has brought in more insecurity. However, there are signs of hope with Europe and Asia turning out to be bigger clients for the Indian IT companies like Tata Consultancy, Infosys Technologies, Wipro and Satyam Computer, thus reducing its dependency on the crisis inflicted U.S.
Though the reaction to the IT insecurity has come off late, but parents of to-be-bride have always been controlled by the urge to select grooms with stability and high salary. Infact they didnot even consider new entrepreneurs as prospective grooms for their daughters.
To read more log on to:
http://www.thesmarttechie.com/magazine/fullstory.php/DOFF421417335
Parents are resorting to non-IT professionals as in the conditions of the employees can fluctuate. "It fluctuates. Day-to-day it can change," says Sharda Singh, a mother of a would-be-bride. Witnessing the various news on the IT slowdown one of the would-be-bride's father commented, "I'm very afraid of its effects." Parents have grown outwardly reluctant to approach for any proposals from any employee part of the IT sector, as they fear the uncertainty that has creped into the sector with the global economic crisis.
The prediction of National Association of Software and Service Companies, of slower IT export growth, the prediction of analysts of cuts in dollar revenue by some outsourcers has brought in more insecurity. However, there are signs of hope with Europe and Asia turning out to be bigger clients for the Indian IT companies like Tata Consultancy, Infosys Technologies, Wipro and Satyam Computer, thus reducing its dependency on the crisis inflicted U.S.
Though the reaction to the IT insecurity has come off late, but parents of to-be-bride have always been controlled by the urge to select grooms with stability and high salary. Infact they didnot even consider new entrepreneurs as prospective grooms for their daughters.
To read more log on to:
http://www.thesmarttechie.com/magazine/fullstory.php/DOFF421417335
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Reader's comments (32)
1: I am well endowed. Large unit. Male package.
Woman always want me. Big brains no match
for physcial stamina.
Posted by: babu - 30 Oct, 2008
2: sab log IT ke piche q pade hai bhai :)
No one know where IT will reach in future..................
No one know where IT will reach in future..................
Posted by: Gajendra - 30 Oct, 2008
3: I agreed with comments
baseless topic :)
baseless topic :)
Posted by: Gajendra - 30 Oct, 2008
4: Please bring some valuable articles.....this
is the personal thinking. we should not go by
personal thinking. This crsis has affected
each and every sector not just IT Sector.
After six month when market will grow then
they may change their mind.
Posted by: Manas Bhanja - 29 Oct, 2008
5: I think this recession is not going effect
"THE BEST" programmers. It's really a high
time that the Youth should realise what's the
hidden fire in them. Not just IT industry is
being hit hard, even many others fields are
affected badly. So, don't worry about
marriage...
Posted by: Raaki.... - 24 Oct, 2008
6: Opportunities for Laid-Off / Pink-Slipped
Employees
All those employees fearing layoffs or already laid off in companies in any sector may send in their profiles to: NoMoreLayOffs@GMail.com
We shall strive to help people from any sector from IT to aviation to retail to manufacturing.
Please forward the above ID to all the people you think need help.
KANE
Bangalore
All those employees fearing layoffs or already laid off in companies in any sector may send in their profiles to: NoMoreLayOffs@GMail.com
We shall strive to help people from any sector from IT to aviation to retail to manufacturing.
Please forward the above ID to all the people you think need help.
KANE
Bangalore
Posted by: KANE - 21 Oct, 2008
7: Bakwaas article. Put some meaningfull
articles now..
Posted by: Dilip Sharma - 21 Oct, 2008
8: ya,companies have to reduce t pay, giving
oppurtunites to all sft pfnls. they r easily
growing such us broiler chicks... result
every one know. we are making a restless 40
group in soon. it is not healthy for any
continent to village
Posted by: vhinu - 20 Oct, 2008
9: Today's youth undergo severe pressure
professionally and socially. This is not a
healthy trend. Money alone cannot ensure
happiness in life.
Posted by: Prabu - 20 Oct, 2008
10: I THINK MOST OF THE COMMENT FROM IT FRIENDS.
WHY BECAUSE ALL COMMENTS WERE IN OPPOSE. BUT
ITS NOT THE 100% RIGHT THINKING.. BUT MOST OF
THE PARENTS LIKE TO HANDOVER THE GIRL TO THE
PERSONS WHO ATTAINED THE TOP 4 NEEDS .
1.BASIC NEEDS (FOOD,CLOTH.SHELTER), 2. JOB
SECURITY 3.SOCIAL NEED ( LOVE ON PEOPLE),
4.SELF ESTEEM.
Posted by: GOPINATH - 20 Oct, 2008
11: Isn`t it up to the bride and groom to choose,
rather than economics determining whether its
right?
Posted by: Ravi - 20 Oct, 2008
12: Sad to see that our Nation's culture is still
living in the 12th century mindset.
Posted by: ejj - 20 Oct, 2008
13: Its insane to completely change our
perception to a total community.I agree that
there had been a significant turbulence in
the global IT sector.But this doesn't mean
that the entire sector is going to stumble.If
we have a look at the intrusion of this IT
into our lives, its in all stands.It had
reached a sustainable point that its highly
impossible to imagine our day to day life
with out it.Also if we examine the recent
trend, more and more fields are taking the
advantage of this sector.So there is a lot of
growth promised in this sector.Every field is
bound to ups and downs.Its important to be
wary in this transition so that we can
minimize the damage instead of completely
leaving it and let it deteriorate further. We
had seen a similar crisis in the fall of
millenium that everyone in similar
anticipated a complete falloff.But in an
unprecedented fashion, the IT sector had
stabilized itself and had grown in an
extravagant fashion that it became the most
coveted across the globe.Many people from
established sectors made their way to this
lucrative field. We cannot deny these facts
and simply rule out that the sector is
insecure.Had it not been this sector, can we
imagine the fate of all those drawing bigger
checks today.Also the Indian economy is
receiving a significant inflow from various
streams like tax payers,direct foreign
investments from this sector.We can see a lot
of people whose lifestyle had been
significantly changed.We can also see many
and many finding their fortune in this.
So instead of reprimanding what had happened and further deteriorating the situation,its duty of everyone to take their initiatives to let this sustain and workout to be more stable and more promising as ever.
So instead of reprimanding what had happened and further deteriorating the situation,its duty of everyone to take their initiatives to let this sustain and workout to be more stable and more promising as ever.
Posted by: Munisekhar - 20 Oct, 2008
14: "All the Glitters are not GOLD". Likewise, IT
is not the only job for bread
Posted by: Imran - 20 Oct, 2008
15: Stupid analysis. waste of time
Posted by: Sudhie - 20 Oct, 2008
16: In this economic crisis nobody can surely say
which market will be effected next
Posted by: Eshu - 20 Oct, 2008
17: This is definitely not a good news. But as
the bride's parents they have to be assure
about their child's future. Selecting an IT
or Non IT guy doesn't make any sense. Cause
marriage made in heaven and destiny will take
us ultimately towards it.
Posted by: tatha - 20 Oct, 2008
18: perhaps you dint read todays newspaper,
General motors firing 300 employees...No
industry is spared...
Posted by: Renjith - 20 Oct, 2008
19: hai....if you are avoiding IT
professionals.......Go on search for people
in Automobile industry,its in the peak than
IT industry.....Even they are earning more
money than IT people nowadays....
But people please choose a good guy,Either in any field doesn't matters...Money doesnt make many
But people please choose a good guy,Either in any field doesn't matters...Money doesnt make many
Posted by: james - 20 Oct, 2008
20: It Has to happen, as all core enginners no
way working for there core branches.... All
were thinking IT is the only sector where
they can earn a lot (finacially). People
failed to analysis wat is wat.. Being an
Engginer we shoud analysis the things and
move further.
Posted by: Sandeep Kodandapani - 19 Oct, 2008
21: Needless analysis i think
there is no way of comparing the situation.
People should try and understand the basics, i mean to say that (for parents of Bride) being in an IT company is not the only criteria to marry their daughter. There are a lot of others which go unnoticed which are more important and relevant reasons.
Now they say that its not safe to marry a boy in IT sector sometime if in case the market gets stablized than they completely opposite statements coming out.
I think they need to get their basics right and than decide the right guy to marry their daughter. Mean that I am not an Non-IT gut who is commenting.
Regards For
Bride's Parents
there is no way of comparing the situation.
People should try and understand the basics, i mean to say that (for parents of Bride) being in an IT company is not the only criteria to marry their daughter. There are a lot of others which go unnoticed which are more important and relevant reasons.
Now they say that its not safe to marry a boy in IT sector sometime if in case the market gets stablized than they completely opposite statements coming out.
I think they need to get their basics right and than decide the right guy to marry their daughter. Mean that I am not an Non-IT gut who is commenting.
Regards For
Bride's Parents
Posted by: Sainath - 19 Oct, 2008
22: Sad to know this is happening. Today it is IT
and tommorow it may happen to be steel
industry or some other sector. I don't
understand what is more important, Getting a
wrong guy with a right job or a right guy
not at the right job?
Posted by: vikas - 19 Oct, 2008
23: oh... anyways more poeple are into IT field
so they have other choice!
-- Shilpa
I use www.MyGoogle.co.in how about you?
-- Shilpa
I use www.MyGoogle.co.in how about you?
Posted by: Shilpa - 19 Oct, 2008
24: Cost of living,especially in the
metropolitian cities has increased due to the
rise in IT sector and it has been difficuly
for a common man to live in these cities.
Posted by: ranjith - 19 Oct, 2008
25: Any profession has thish effect in this
global economy change why blame only the IT
sector. This is because they are seen in
many. All the best to people who are working.
Posted by: Rajkiran Pissay - 19 Oct, 2008
26: Its a real time to think about ones career,
when other great opportunities are thr why
not to choose those, no risk, secure future,
no investment, etc etc ask me for more
details. call me 09741231149
Posted by: sunil - 19 Oct, 2008
27: Stupid Analysis, I dont know from wher they
got this report...Do you have something to
provie this report
Posted by: Anil Chalageri - 19 Oct, 2008
28: Its a real time to think about ones career,
when other great opportunities are thr why
not to choose those, no risk, secure future,
no investment, etc etc ask me for more
details.
Posted by: Sunil - 19 Oct, 2008
29: Like Laxman said, this should be a lesson for
the bride side parents. Because they are the
one having full control on these kinds of
vast changes.
Posted by: Imran - 19 Oct, 2008
30: I guess its a good lesson for all Parents who
are looking out for a IT employee. After the
IT it was so very difficult for others to get
a girl for marriage as everyone were
prefering for a IT Damad.
Way to go guys
Way to go guys
Posted by: Laxman H K - 19 Oct, 2008
31: that's a sad situation..
Posted by: manish - 19 Oct, 2008
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Posted by: gurthnk - 20 Aug, 2011
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