Do you think this news will have major impact on IT stocks? Will you short TCS, INFY or WIPRO?
It is I.T. .
The employees can do work from home from their own respective countries.
So , how this can impact the I.T. industry ?
There is more than just coding involved in running IT companies. For marketing, business development, client side testing etc. you will need people at client premises.
onsite is the carrot and hope for many IT folks . They endure all the pain of extra hours and loss of personal time because they can get a onsite opportunity and earn something extra. if there are no onsite opportunities…i dont think IT jobs will be lucrative.