The impact of wall street economic crisis, all the U.S Software companies may stop or cut their "outsourcing". If it does, how will IT industry survive? I can sure that service industry will almost be washed out. its warning bell for Indian people, Govt, investors that should not only focus on IT industry.



if it happened,

1.Existing IT employees will lose the job

2. Difficulty in job seeking for IT students

3. Economic turmoil (India).

4. mostly we can easily see the words that "Don̢۪t wanna IT groom" in matrimonial.



I would like to know that if they stop outsourcing, where will be staffing and recruiting services stand?



Suggestions Plz...



GURU.