No shortage of IT jobs as global tech firms continue to hire

While layoffs at Indian information technology firms has been in the headlines, IT multinationals are actually on a hiring spree and looking for hundreds or and even thousands of Indian hires at various locations, according to data collected by The Times of India.

These companies include Accenture, Capgemini, Oracle, IBM, Goldman Sachs, and Dell, among others. US-based Accenture is hiring 5,396 people in India and France's Capgemini has 2,649 job openings in the country.

Likewise, Oracle is looking to hire 1,124 people in India, Amazon is looking for tech experts for various divisions, IBM has 675 open positions and Dell is looking to get 285 people on board.

The openings come as a relief for job seekers as many Indian IT companies are cutting their headcount.

"If a company wants to hire 1,000 people in a quarter for things like data analytics, India is the only place where you will find people available at that kind of scale, and it will remain so," Sandeep Mathur, former Oracle India managing director, told TOI. MNCs, he said, had long stopped coming to India for cost. "They need people to address their growth challenges and even automation codes have to be written by humans."

Accenture's Indian hiring requirement is over four times that of open positions in the US and over 12 times the number of professionals they are looking to hire in Poland and Philippines.

France's Capgemini, another significantly big employer in India, is hiring for 2,469 positions in India. The figure of Capgemini accounts for 55 per cent of the total number of open hirings across the globe.

Oracle and Amazon, other significant global brands for tech services, are hiring for 1,124 and 1,208 positions respectively. Other major names currently hiring include IBM (675 positions), Goldman Sachs (320 positions), Dell (285 positions), Microsoft (235 positions) and Cisco (229 positions).

According to a recent report by industry body Nasscom, global in-house centres of major MNCs in India are posting a revenue growth of an average of 10 per cent every year and combined, employ around 7,70,000 professionals. According to an estimate, these GICs will add 30,000 professionals to their numbers within this year.

Indian IT majors, including Infosys, TCS and Wipro, announced a cut in their workforce count in the quarter ended June. Most of these companies have claimed that reducing the workforce is because of 'rationalisation' and they have not stopped fresh hiring.