The fallout of the Satyam Computers Services in India which casted a shadow on the jobs of 53000 employees is having an adverse affect on the IT sector on the whole. With chances of employees being asked to leave the company looming large and the overall business decrease which indian comapnies might face this year many might become jobless. This might start a dangerous trend of unemployment in the IT sector.

With more and more graduates passing out in the IT field every year and the standard keeping on dereasing, unemployment in IT sector might reach very critical proportions. IT professionals will have to diversify the skills to fight this danger looming large. They need to keep an open eye on other allied fields to IT in order to save thier jobs and stay in the race. Moreover, highly skilled people will be more sought after , having specialized knowledge and experience.

Even as the IT sector faces the challenges on the backdrop of Satyam fraud, other BPO companies might also face the less reliability syndrome from US and UK companies with orders getting transfered to philipines and china. So IT employees might not find suitable space to get into BPO’s either. However, self employment opportunites can be looked into for a possible correction.