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CSC to hire 2,000 employees in India in six months

Thursday, 16 October 2008, 04:15 Hrs
New Delhi: At a time when many companies go for downsizing their workforce due to the financial crisis, the U.S.-based IT services provider Computer Science (CSC) Wednesday said it will add 2,000 people to its India tally in next six months.

"In the next six months, we will add another 2,000 employees in India," CSC (India) president Rajendra B. Vattikuti told reporters on the sidelines of a conference here.
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In the next three years, we will recruit at the industry average, he added.

This addition of 2,000 employees would take the company's total workforce in India to 21,000. CSC has a total workforce of 90,000 as on July, 2008.

"The company has been immune to the global meltdown and rather it has offered more opportunities for the company to expand," CSC chief executive officer and chairman Michel W. Laphen said.

He said India had contributed around $1 billion to CSC's overall revenue last fiscal.

The company's total revenue for the year ending July 4, 2008 was $17.1 billion.

Asked about the economic crisis, he said the global outsourcing pipeline still remained strong despite the international financial turmoil.

"We are not seeing any projects cancelled yet, but companies are adopting a sort of wait-and-see position," Laphen added.
Source: IANS
   
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