Will Infosys, TCS hire 40,000 techies? No, suggests Head Hunters India

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Latest News – Executive search firm, The Head Hunters India on Tuesday said the recent announcements of Infosys and TCS to hire 20,000 professionals each, apparently done to assuage the tension about IT industry’s capabilities to be a net employment generator, is not rooted in reality.

“Recently, domestic IT giants, Infosys, TCS, announced that they will be hiring 20,000 professionals each, thus apparently reducing the tension about IT industry’s capabilities to be a net employment generator. A closer examination reveals that it is not rooted in reality,” The Head Hunters India Founder Chairman Kris Lakshmikanth said.

Lakshmikanth said the close examination of Infosys hiring forecast of 20,000, reveals a hiring of approximately 9,000 in India, as Infosys CEO Vishal Sikka had already made apublic announcement of 10,000 hires in USA and another 1,000 approximately in rest of the World.

On May 2, Sikka had announced that the IT giant will hire 10,000 Americans in the next two years and open four centres in the US in a bid to woo Donald Trump administration, which has been critical of outsourcing firms for unfairly taking jobs away from US workers.

The 10,000 people that will be hired will include experienced technology professionals and recent graduates from major universities, and local and community colleges.

Infosys will also train them on key competencies such as user experience, cloud, artificial intelligence, big data and digital offerings, as well as core technology and (Read More)

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