IT companies are back to engineering campuses. After a lull caused by the adverse economic conditions, the year 2009-2010 saw IT companies return to campuses. Though the numbers have still not touched the pre-recession levels, they surely look promising.
Business Today magazine recently came out with a list of top recruiters at India's premier engineering institutes, companies which have driven hiring at these institutes since the beginning of 2010 (till May) as well as also in last fiscal.
Here are IT companies who formed the part of the list. IT companies who have been among the biggest employers at engineering institutes.
Microsoft
The software giant Microsoft too is back to campus. Microsoft India Development Center reportedly went to the top 25 engineering institutes in India (IITs, NITs and a few state-level good engineering colleges) and hired close to 100 graduates who are expected to come on board in the next few months.
Last year, it hired 75 engineers.
Wipro
Wipro reportedly hired 2,500 from engineering colleges and added 1,300 under its Wipro Academy of Software Excellence (WASE) programme.
A company official recently said that Wipro's campus hires for the present financial year are likely to be between 11,000 and 12,000.
The third-largest IT company is also said to be hiring off-campus graduates from science streams, from the 2009 and 2010 batches, for meeting its existing demand.
Cognizant
IT services provider Cognizant reportedly visited 75 engineering schools to pick up talent for its technology solutions business.
Though the company did not share the exact number of hires, in 2009-10 it added 21,800 to its total global headcount, of which 60 per cent are fresh engineering and science graduates.
The US-based software company scaled up its revenue forecast for fiscal ending December 31, 2010 to $4.1 billion from the earlier projection of $3.935 billion.
In the first quarter ended March 31, 2010, the company reported that it's net employee addition exceeded 7,100, taking the company's global headcount to over 85,500.
Tata Consultancy Services
Country's largest IT company TCS visited 371 campuses for hiring and made 20,050 campus offers in the recently-concluded fiscal, with 72% of these made in the January-March quarter alone.
India's largest software services provider Tata Consultancy Services reportedly hired approximately 438 students till May 2010 from top the 10 engineering colleges.
The company, which added 16,668 employees in 2009-10, total manpower strength stands at approximately 1,60,429.
The Indian numero uno is upbeat on global recovery and plans to hire 30,000 employees in the current fiscal.
The company's HR head said that the hiring ratio will be around 60 percent-plus for fresher's and 30 percent plus for experienced professionals.
Infosys Technologies
The campus intake of Infosys Technologies in 2009-10 was 19,000.
Nasdaq-listed Infosys total employee strength stood at 1.13 lakh on March 31, 2010 which includes 1.06 lakh software professionals, 8,880 trainees and 6,932 sales & support staff.
In the last quarter, Infosys hired as many as 9,313 employees, but the net addition after taking into account attrition was 3,914.
Recently, its CEO Kris Gopalakrishnan said that Infosys will hire 30,000 professionals this year as growth has returned to the sector.
Aricent
Telecom technology and services company Aricent, ranked #6 on BT survey made 1,000 offers to the class of 2010.
In April, the company announced that it will add close to 3,000 professionals to its global workforce. Out of these, almost 1,000 will be recruited in India over the next 3-4 months.
According to the company, some 300 of these new recruits will be joining its Chennai development center. He added that the recruitment drive will look for both fresher's as well as experienced resources.
As on April 2010, the global headcount at Aricent was 8,500. The company has three development centers in India, located at Bangalore, Chennai and Gurgaon.
Oracle
Enterprise software maker Oracle too made campus visits for hiring across India. The company added around 72 fresher's since the beginning of 2010.
The company which recently acquired Sun Microsystems for $7.4 billion, had announced at the start of 2010 that it plan to hire 2,000 sales and engineering employees.
iGate
IT services company iGate hired 35 fresher's from top tech campuses across India. The company in April announced that it will hire 500 professionals in the next two quarters to support its expanding operations.
iGate CEO Phaneesh Murthy said that most of the 500 people will be in India and some in Mexico and the US. They will be employed in both services in BPO areas.
The Nasdaq-listed company also plans to close acquisitions in the range of $30-70 million this year.
The company at the end of January-March quarter had 7,357 employees, a net addition of 447 employees during the quarter.
Hewlett-Packard
Computer manufacturer Hewlett-Packard, which recently announced 24,600 job cuts or 7.5% of its workforce, picked up a handful of 35 people from India's top engineering institutes.
HP said it would carry out the cutbacks over the next three years, while replacing about half the jobs in new areas of its services business.
IBM
US-based IBM hired close to 179 students from the country's top top engineering colleges.
Spurred by jump in technology spending by corporate, IBM reported a 13% growth in net income at $2.6 bn in Jan-Mar quarter of 2010. Total revenues stood at $22.9 bn, an increase of 5% over the same period last fiscal.
This year in March the company cut almost 500 jobs across US, according to Alliance@IBM, a group that represents some employees. The cuts were less than 1% of IBM’s workforce of 399,409 as of Dec 31, 2009.
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