Friday, December 4, 2009

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Infosys to double US headcount

Indian IT majors seem to be in a hurry to shed their `job stealer' tag. Country's IT bellwether is all set to double its workforce in the US.

According to a news report in Walls Street Journal (WSJ), India's second-largest software exporter by revenue is planning to hire 1,000 employees in the US. The report quotes a recent interview of the company's Chief Executive S Gopalkrishnan to Dow Jones Newswires.

The news comes close on the heels of TCS CEO saying that the company wants to become global not just in terms of "sales but from a people perspective". The country's numero uno IT company recently expanded its strategic business alliance with US-based Dow Chemicals. The alliance will create new jobs in Midland-Michigan.

As part of the alliance, Dow and TCS are planning to build a new service centre at a site near Dow's global headquarters in Midland Michigan, the US.

Recently the country's third largest IT company Wipro Technologies too announced that it is expanding its US operations and will hire about 1,000 people, including more locals.

Indian IT companies, who have traditionally been earning over 50% of their profits from the US markets, are often derided for stealing local jobs. The recent recession and spiralling unemployment in the US seems has only further fueled the sentiment.


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