News: HCL Technologies to hire about 30K people this year

#Hiring

HCL Technologies to hire about 30K people this year

The hiring spree comes as it sees more customers outsource technology work and deliver services.
HCL Technologies to hire about 30K people this year

HCL Technologies, India’s fourth largest IT services firm, plans to hire 25000-30000 people this year. 

The company, which is India’s fourth largest IT services firm said it plans to hire more full stack engineers unlike in the past when it focused on specialization in one development lifecycle. The hiring spree comes as it sees more customers outsource technology work and deliver services. 

Apparao V V, Chief Human Resources Officer, HCL Tech told ET, “We expect that we would need anywhere between 25,000-30,000 people (this fiscal) for us to maintain the growth rate what we have given as guidance for the market.”

These people would include market hires, freshers, and others. As on September 30, the company has 12,7875 employees with the net addition in Q2 being 3,754 people. 

Meanwhile, the IT firm has significantly reduced its dependency on H1B visas as localization improved to nearly 65% in the US. In the US, HCL Tech has around 17,000 employees and nearly 64.7% of them are local.

Apparao also added that “localization is something which is inevitable for the Industry and our localization percentage is anywhere between 65-70% in most of the places”. 

With more localization, the company's dependence on H1B visa and L1 visas negligible has come down, he added.

Topics: #Hiring, Recruitment

Did you find this story helpful?

Author

QUICK POLL

Is India Inc ready to support the gig economy?

On News Stands Now
q_auto,f_auto/v1573046219/mag-november-2019.jpg

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

.

Subscribe
And Save 59%

Subscribe now

How likely are you to recommend our content to a friend or colleague?

01
10
Selected Score :