News: CGI to expand workforce by 15,000 employees

Talent Acquisition

CGI to expand workforce by 15,000 employees

CGI chief Serge Godin announces company's plan to expand workforce in India.
CGI to expand workforce by 15,000 employees

Canadian IT company, CGI is planning to hire nearly 15,000 people in India over the next four to five years.

The founder of CGI, Serge Godin was quoted in media saying that CGI mainly delivers services to the India offices of global clients here. It earns half of its revenue from managed IT services or outsourcing.

He further said, "So, we double the size of CGI every three to four years or five...And the big winner from that point of view in terms of market presence would be obviously India, because the country is really at the core of the solutions,” said Godin. “So, it means that we should probably double globally. Here in India, we should exceed at that pace,” he added.

CGI currently employ nearly 15,000 people playing a strategic role in service delivery across key markets. The about $12 billion company follows a strategy of setting up bases close to client locations, either organically or through acquisitions.

He also revealed that the firm is expecting a possible economic slowdown in some key markets such as the US and UK and may need to expand across geographies to drive growth. Whenever there has been an economic slowdown, organizations step up focus on outsourcing and that should continue.

Image Credits: BNN Bloomberg

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Topics: Talent Acquisition

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