ACS to ramp up India headcount by 1,000

Amid gloomy scenario in the global job markets, hiring in India is continuing at a strong pace with world's largest business process outsourcing firm Affiliated Computer Services planning to recruit 1,000 people in the next 6-8 months in the country.

"We are looking to increase our headcount by 1,000 employees in India in the next 6-8 months, out of which about 500 would be employed in our new facility at Noida, which is in the process of being set up," ACS India Country Head and Vice President Aman Mustafa said.

The company is in the process of setting up a new facility in Noida, while it already has offices in Bangalore, Kochi and Chennai and the total employee strength of the company is around 5,000 in the country. Bangalore operation has a capacity of about 2,800 people and around 1,800 people are stationed in Kochi.

"Despite the global economic crisis our business has not been affected and our existing and new clients have been approaching us for services to reduce their costs," Mustafa said.

Mustafa further said that ACS Inc's balance sheet is stable with strong cash flows amid the economic downturn, even as its shares have taken a beating at the New York Stock Exchange. The global firm has a market capitalisation of over 3.86 billion dollar.

Recently, a host of firms, including Metlife India, Deloitte Touche Tohmatsu, State Bank of India, Larsen and Toubro are planning to recruit over 70,000 people in the country. Private insurer MetLife India is looking to recruit about 2,000 managers and a whopping 30,000 advisors in the coming months. While, global management consultancy firm Deloitte Touche Tohmatsu is looking to hire 3,500 employees in the country.

On the contrary, in just less than a week, corporates, right from the US to UK have announced job cuts amounting to over 30,000. Several companies, including banking behemoth Citigroup, British Telecom, ArcelorMittal and Royal Bank of Scotland have announced job cuts recently.

Globally, ACS has presence in 100 countries and employees 67,000 people.

In India, as its part of Corporate Social Responsibility strategy, ACS is also planning to employ candidates with basic PC operation skills from rural India in collaboration with several industry majors.

ACS is a leading Fortune 500 company and a premier provider of diversified business process outsourcing and information technology (IT) services and solutions to commercial and government clients worldwide.

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