DXC Technology plans to hire over 10000 people in India this year with a strong focus on candidates with digital technology skills, as the company looks to transform faster remain competitive. The US-headquartered tech services major, which was founded in 2017 after the merger of CSC and enterprise business of Hewlett Packard Enterprise, has 45000 employees in India, roughly 40% of its 130000 employees globally. It lost out the slot of the third-largest IT services company to Tata Consultancy Services, which is growing double digits.
Analysts said the company is primarily focusing on a combination of capability building and cost reduction and in that context hiring in India makes sense.
“They are building capabilities but there are fundamental pressures within the business model which will make growth and profitability difficult. It is a wise move to get resources in India. I think it is a mix of capabilities and saving cost so hiring in India makes sense as hiring locally (in global markets) can be expensive,” said Sanchit Vir Gogia, chief executive, Greyhound Research.
At the same time they are also building capabilities in automation, added Gogia.
Analyst:
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Technology & Innovation Research & Advisory firm. To read more about him, click here.
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