HCL Technologies said it will create 10,000 jobs in the US and the EU in
the next 5 years, emphasizing that it does not want to be "seen as a
company which takes away jobs". The announcement comes at a time when
anti-outsourcing campaign against Indian tech companies is gaining
momentum in a slowing US and European Union.
Politicians and governments in these countries have been objecting to offshoring work, and in the US, President Barack Obama had threatened to cancel tax breaks to companies shipping away jobs.
"It is our stated position to create 10,000 jobs in the US and the EU. We don't want to be seen as a company which takes away jobs, instead seen as creating new ones," Vineet Nayar, vice-chairman and CEO, HCL Technologies, said. "The jobs will be created over a five-year period." The company already has 85,000 employees in these regions.
"The story of our glocalisation is based on the principle of reverse investment in local economies. We follow a three-point approach - investing in local delivery centers, tie-ups with local universities and local hiring and lastly, collaboration with customers," Nayar said.
HCL Tech announced the setting up of a development centre in Redmond, US and another one in Dublin, Ireland. While the US centre will have 350 seats, the Irish centre will have 80. On plans are to open centres in Columbia and Cape Town, South Africa.
The company said it will go to campuses in these countries to hire for the first time during this placement season. Among the universities which have been shortlisted includes, University of Washington (Bothell and Tacoma campuses), Seattle University and Seattle Pacific University.
Most Indian tech companies have been consistently hiring more and more in western countries over the past few years, to blunt the criticism of 'taking away' jobs. The proportion of the recruit in the US and the EU has seen a marked increase . In HCL's case, the targeted ratio is 50:50.
Politicians and governments in these countries have been objecting to offshoring work, and in the US, President Barack Obama had threatened to cancel tax breaks to companies shipping away jobs.
"It is our stated position to create 10,000 jobs in the US and the EU. We don't want to be seen as a company which takes away jobs, instead seen as creating new ones," Vineet Nayar, vice-chairman and CEO, HCL Technologies, said. "The jobs will be created over a five-year period." The company already has 85,000 employees in these regions.
"The story of our glocalisation is based on the principle of reverse investment in local economies. We follow a three-point approach - investing in local delivery centers, tie-ups with local universities and local hiring and lastly, collaboration with customers," Nayar said.
HCL Tech announced the setting up of a development centre in Redmond, US and another one in Dublin, Ireland. While the US centre will have 350 seats, the Irish centre will have 80. On plans are to open centres in Columbia and Cape Town, South Africa.
The company said it will go to campuses in these countries to hire for the first time during this placement season. Among the universities which have been shortlisted includes, University of Washington (Bothell and Tacoma campuses), Seattle University and Seattle Pacific University.
Most Indian tech companies have been consistently hiring more and more in western countries over the past few years, to blunt the criticism of 'taking away' jobs. The proportion of the recruit in the US and the EU has seen a marked increase . In HCL's case, the targeted ratio is 50:50.
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