July 14, 2010
sine wave of recession
From the above graph it is very much clear that all companies follow the same pattern if analyzed for longer durations (here I have taken 5 yrs in account). If you see during late 2007 the recession was first observed when it started hitting grounds and then in 2008 Q4, everything was looking unstable during that time however Accenture and IBM were able to handle the dip and remained sound at less margins.
This was the time when I started my career. I saw some tricky game plays by HR when they changed their policies to withstand market condition. Since then there is a growth trend which indicates better job opportunities, more projects and no waste of time simply.
Overall perspective to last 5y market of these companies suggest that the amplitude of Indian MNCs are higher during the sine wave of recession while the global MNC were able to keep it low.
P.S. - This is my personal perspective to market trend and it doesn't show any relationship with any company discussed here.