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MNC tech firms are on a huge hiring spree and slamming slowdown fears


Activity in the job market is probably picking up, with many technology MNCs in India are continuing to hire in large numbers. Companies such as Accenture, Capgemini, Oracle, IBM, and Goldman Sachs are hiring in hundreds, some in thousands.

A recent report by Times Of India, Currently, Accenture has opened 5,396 position alone in India which isfour times higher than that of biggest IT service providers from the US and also 12 times that in Poland and Philippines. Whereas, France's Capgemini, another significantly big employer in India, is hiring for 2469 positions in India. The figure of Capgemini accounts for 55% of the total number of open hirings across the globe.

MNC tech firms are on a huge hiring spree and slamming slowdown fears

Meanwhile, Oracle, Amazon has been known for their tech services is also looking to hire people in India. Slamming the slowdown fears, some other major companies are currently hiring are IBM with 675 positions, Goldman Sachs with 320 positions, Dell with 285 positions, Microsoft with 235 positions and Cisco with 229 positions.

According to a recent report by NASSCOM, MNCs in India are posting a revenue growth of an average of 10% every year and combinedly employ around 7,70,000 professionals.

According to Sandeep Mathur, former Oracle India managing director, said,''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.''

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