Even as thousands are losing their jobs worldwide on deteriorating economic condition, India has a reason to cheer in just one week, firms have unveiled plans of hiring 40,000 people in the country, while nearly 30,000 jobs fell on the firing line elsewhere.
Doors open
Private insurer MetLife India is looking to recruit about 2,000 managers and a whopping 30,000 advisors in the coming months.
Further, global management consultancy firm Deloitte Touche Tohmatsu is also looking to hire around 3,500 employees in India.
According to MetLife India's Managing Director Rajesh Relan, MetLife India plans to hire about 2,000 sales managers and 30,000 financial advisors by March, which would nearly double the two workforces.
Companies operating in India are "upbeat" about the economic growth here and the country's job market is totally insulated from the effects of the global financial crisis, industrialists said on the sidelines of the World Economic Forum-India Economic Summit in New Delhi.
'No job cuts in India'
"India is a productive market and we are going steady," said British Telecom (BT) Innovate and Group chief technology officer Matt Bross.
It has currently employed over 22,000 people in its business process outsourcing operations in the country. BT announced 10,000 job cuts last week.
More investment
Meanwhile, global IT software provider CA will invest $30 million for an additional facility in Hyderabad, which will house 1,000 people.
As regards the job cuts, CA senior vice-president and general manager (India) Lokesh Jindal said, "We are upbeat about the company's progress and there will not be any job cuts." This investment will be raised from internal accruals, he added.
Doors open
Private insurer MetLife India is looking to recruit about 2,000 managers and a whopping 30,000 advisors in the coming months.
Further, global management consultancy firm Deloitte Touche Tohmatsu is also looking to hire around 3,500 employees in India.
According to MetLife India's Managing Director Rajesh Relan, MetLife India plans to hire about 2,000 sales managers and 30,000 financial advisors by March, which would nearly double the two workforces.
Companies operating in India are "upbeat" about the economic growth here and the country's job market is totally insulated from the effects of the global financial crisis, industrialists said on the sidelines of the World Economic Forum-India Economic Summit in New Delhi.
'No job cuts in India'
"India is a productive market and we are going steady," said British Telecom (BT) Innovate and Group chief technology officer Matt Bross.
It has currently employed over 22,000 people in its business process outsourcing operations in the country. BT announced 10,000 job cuts last week.
More investment
Meanwhile, global IT software provider CA will invest $30 million for an additional facility in Hyderabad, which will house 1,000 people.
As regards the job cuts, CA senior vice-president and general manager (India) Lokesh Jindal said, "We are upbeat about the company's progress and there will not be any job cuts." This investment will be raised from internal accruals, he added.
Soruce: www.mid-day.com
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