IT Inc keeps up hiring tempo in US
Even as the US hardens its protectionist stance against outsourcing, top-tier information technology firms are ramping up their presence in their largest market, which contributes close to 65% of India’s outsourcing revenue. Software services companies point out that they are on track with hiring plans both on campus and laterals for this year in the US, with an eye to meeting business demand while also keeping the Obama administration in good humour.
Infosys has been adding 500 people every quarter and 2,000 a year in the US and plans to keep this number steady this year too. “As long as unemployment remains high in the US, you will find the government trying to encourage job creation. Indian IT services companies are creating jobs in the US. For our consulting jobs and client-facing work we need people to be hired locally (in US),” S Gopalakrishnan, executive co-chairman Infosys, told FE.
R Chandrasekaran, group chief executive, technology and operations, Cognizant, said, “Given the growth that we are projecting, we do see a need for hiring talent across geographies. Today, with customers looking for a global delivery model, we need to focus a lot more in globalising our talent footprint. We are visiting a lot of educational institutions for campus hiring in the US. Last year we almost doubled our campus intake in the US. We also started campus hiring in continental Europe." He added that campus hiring will involve a mix of technology and
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