The Second Wave induced productivity drop in IT, as high as 30 per cent

The Second wave of Covid-19 has severely affected the IT sector. As employees deal with the loss of their loved ones and relatives get tested positive of the virus, a 30% drop in productivity in the sector is anticipated.

According to IT companies associations, employees are now facing stress and psychological problems due to deaths in their families. The IT sector in the state had registered around  ₹1,600–1,800 crore business in the 2020-21 fiscal. Most of the employees of the around 200 companies in the country have been working from home since last March.

“Majority of employees of the IT sector are still working from home. (Last year) They worked extra hours and productivity was not hampered because there were not too many deaths last year. But this year, every employee has either witnessed one or two positive cases in his family, relatives or friends and also deaths, which has shattered their confidence,” O Naresh Kumar, CEO of Symbiosis Technologies, said. 

According to IT sector sources, the first wave had hit the sector by 15 per cent but this time around it is likely to be more than 30 per cent.