Infosys to hire 1,500 workers in US, double staff in China
Wednesday, 4th May 2011
Infosys Technologies Ltd, India's second-largest software exporter, plans to step up hiring in the US, China and other overseas markets as it seeks to check rising employee turnover and boost profit.
Infosys plans to hire as many as 1,500 workers in the US, its biggest market, in the year started in April and will more than double the workforce in China in 18 months by adding a new campus in Shanghai, Shibulal said. The Bangalore-based company is expanding overseas after earnings missed estimates for a third time in four quarters and employee attrition worsened.
"Our customers are global, so we want to create a global footprint," S D Shibulal, chief operating officer, said in an interview. "We really need to get talent in the Philippines, in China, in the Czech Republic and Brazil," said the 56-year-old executive, who was last week named to take over as the company's chief executive officer from Aug. 21.
Publication : Times of India
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