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Media Information
Capgemini to hire over 4,000 by June

Published & Updated as on - 2010-05-13

Capgemini, the Paris-based IT services and consulting company, plans to hire more than 4,000 people for its India operations during this quarter, according to a senior official of the company.

The company’s India headcount stood at 23,353 at the end of March, making India one of its largest centres. The company’s headcount at its headquarters at 19,892 saw a drop of 0.7 per cent, whereas the India headcount grew by over 5 per cent in January-March (Q1). Capgemini India added 2,500 people in the first quarter. The total headcount of the company globally touched 91,792.

“India continues to develop in local and international business and is core to our Rightshore approach. We plan to see accelerating momentum in our headcount growth throughout the year,” said Salil Parekh, executive chairman, Capgemini India.

This reflects the company’s strategy to leverage its offshore presence. Onshore recruitment reduced by 11.5 per cent on a quarter-on-quarter basis.

The headcount growth also reflects the increased focus of Capgemini on India. Asia Pacific, which also includes India, contributed 2 per cent to its revenue in the first quarter, up from 1.6 per cent in the same quarter last year.

Capgemini reported a revenue of 2,052 million euro (around Rs 11,750 crore) for the first quarter of 2010, down by 6.9 per cent from 2,205 million euro (around 12,770 crore) in the same quarter last year. On a quarter-on-quarter basis, its revenue remained flat.

Source: BS 14/5/10

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