In April this year, HP had announced to lay off about 27,000 employees globally as part of its restructuring process to reduce costs.
Despite growing protection in the US, Microsoft says it will keep scouring for talent from its second-largest employee base.
The company has launched aggressive recruitment programmes overseas, a top official said.
Move fits into strategy to expand in Europe, add to consulting capability.
Information technology (IT) services major Infosys has said its increasing focus on the domestic market wouldn't erode the company's margins. Its strategy of selectively taking up projects that require the deployment of products and platforms would help the company maintain its margins, it added.
The Indian IT industry is in for a tougher visa regime in its biggest market, the US. Firms such as Infosys, TCS and Wipro that send thousands of techies on short-term business assignments to the US will now have to disclose personal details of these employees and names of the American companies they are assigned to.
French consulting-IT major to focus on specialised areas in energy, tax and telecom
The largest subsidiary of India's second largest IT services company reported a 400-basis points improvement in operating margins, to 22 per cent in 2011-12.
To focus on leadership grooming, corporate governance and brand repositioning
Philippines might have emerged as the new capital for call centre works, but the country still has a long way to go to match India in the overall business process outsourcing (BPO) segment not just in terms of size of the industry, but also in terms of range of services.
The IT budgets for 2012 may remain flat or even decline marginally, but the silver lining for the Indian IT services players is an increasing component of offshoring in the overall budget.
Microsoft's interactive self-service assets (client, people and technologies) are to be merged with 24/7 Customer, to be now known as 24/7 Inc.
Global IT major HP is understood to be in the last leg of lapping up the largest of the eight contracts under the India Post IT modernisation programme. The deal is estimated to be in excess of Rs 1,000 crore, making it one of the largest e-governance contracts in India.
They are realising unstructured data generated from social media and mobiles is vital for business decisions.
Aim is to drive accountability and bring the organisation closer to the client.
The corporate affairs ministry has mooted the idea.
Jobs and job creation are going to be the US' priority over the next year, not protectionism against outsourcing, says Bob Mcdonnell, Governor of the state of Virginia.
Ashok Soota, one of the co-founders of MindTree and a veteran of the IT industry knows what it takes to try and reach $100 million in five years -- his ambitious goal for his new company titled 'Happiest Minds.'
According to highly-placed sources in the company, Sanjay Purohit, vice-president and head of corporate planning and business assurance at Infosys, has been appointed as head of innovation.
Industry chieftains, strategists and analysts were unanimous that a slowdown, if at all happens again, won't affect the prospects of the $17-billion industry.
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