Despite layoffs, startups & tech cos remain the most sought-after workplaces in India



Last year, Indian startups saw an erosion in valuations of the poster boys amid global competition and criticism of their unsustainable business models. The fall in valuation, some top-level exits, and crunch in capital led to job cuts.
Surprisingly, following the same trend, Indian Information Technology (IT) companies -which are laying off thousands amid changing demands, automation and protectionist visa policies -continued to remain attractive to potential employees.
HCL Technologies moved up two slots to ranks 6, Capgemini slipped 8 places to rank 11, Wipro slipped 4 places to rank 18. Tech Mahindra made a debut at 14.
“The reality is that IT companies are still big employers if you look at the sheer volume. I feel some of these companies have communicated what they stand for even in these tough times.These companies still remain aspirational," LinkedIn's Abdullah said.
He also noted that, more than half of the 25 most sought-after companies are Indian homegrown companies.

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