Thursday, September 11, 2008

Infosys to hire 25,000 in 2008; "Selective" acquisitions coming


NEW DELHI: Amidst news of pink slips at Wipro, Infosys Technologies Ltd has some good news for tech geeks. The country’s second-largest software-services company plans to recruit 25,000 people this year. Infosys may also recruit about 1,000 workers in China in the next two to three years, according to CEO Senapathy Gopalakrishnan.

The company also has plans for “selective” acquisitions in the pipeline. It plans to add capacity in China, Eastern Europe and Latin America, he added at a conference in Singapore.

“We’re looking at consulting and geographical expansion in Europe and the emerging markets like India and the Middle East,” Gopalakrishnan said.

“We want to be very selective in acquisitions.” The plans aim at narrowing Tata Consultancy Services Ltd’s lead and boost revenue in Europe as customers in the US delay orders.


Source

No comments yet