Recession

At one side people are loosing their jobs

Microsoft cuts 5,000 jobs

SEATTLE: Microsoft Corp will make the first mass layoffs in its 34-year history, cutting 5,000 jobs as demand for personal computers falls and e

ven one of the world's richest companies gets burned by the recession.

At another side people has new hopes .

IBM to create 1,300 jobs

IBM, the world's largest technology services company, plans to open a new computer support center in Iowa, creating up to 1,300 new jobs and defying a trend of widespread corporate layoffs.

Infosys to hire 27,000 by March

Infosys Technologies said it will hire around 27,000 professionals by March this year, up from around 25,000 annual hiring the firm had projected earlier.

So do not worry about recession cheer up.