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Outsourcing Firms Quarter Results UP
Outsourcing Insider (October 21st, 2009) Writes:
With the United States market still in slump, businesses project difficulties in profit increase in the next 7 years. Job cuts continue in the US and the rate of job creation of 25 per year is not sufficient to offset job losses in the next 5 years. On the other side of the world, Indian outsourcing firms show an opposite trend. Global IT service providers such as Infosys which provides technical consulting, design and development of business solutions have been aggressively increasing their workforce. Last week, the company reported that in the second quarter it has hired 6,069 people offsetting the 4,521 employees it laid off in the same quarter. Tata Consultancy Service is also bullishly hiring with plans of hiring 25,000 people worldwide for this year 2009 and 90%
...Aerospace Markets, Affiliated Computer Services Inc., America, Analyst, Axon, Azim Premji, ceo, Cherian Kuruvila, Christophe Martinoli, Cognizant Technology;, Dell, director, Europe, France, HCL Technologies, Ibm, India, Infosys, Infosys Technologies, Investing Lessons, Manpower India, Market Commentary, Outsourcing Insider, Perot Systems Corporation, rupee, Tata Consultancy Service, TCS, technology manufacturers, technology solutions, UBS Indian, United States, USD, Wilshire Credit Corporation Bank, Wipro Technologies, Wipro Technologies France, Xerox;
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