In contrast to the trend of layoffs in the global IT sector, HCLTech, an Indian company, has announced its intention to expand its operations in Romania and hire 1,000 more employees over the next two years. The company plans to offer one-third of the new positions to graduates recruited through partnerships with leading universities in Romania. HCLTech has been operating in Romania for five years and currently employs about 1,000 people in the country to serve global clients. The company will expand its offices in Bucharest and Iasi to provide more opportunities for local talent to pursue careers in technology.
HCLTech plans to hire 1,000 employees in Romania over the next two years and expand its operations in the country to create opportunities for local talent to pursue careers in technology. The company intends to offer a third of the new roles to graduates from partnerships with leading Romanian universities. The company’s country lead for Romania, Iulian Paduraru, emphasized the company’s commitment to investing in creating opportunities for local talent and said that the company’s internship program in Romania will also help train students for entry-level technology roles.
According to Alexandra Simion, Associate Consultant at IDC, HCLTech is an important market player in Romania, and the company’s growth trajectory is expected to improve as it strengthens its local workforce and broadens its technology offerings. This move by HCLTech to hire more people and expand its operations in Romania is expected to provide much-needed job opportunities for local talent and benefit the IT industry as a whole.
In contrast, several major tech companies like Google, Amazon, and Meta conducted massive layoffs in late 2021. Google laid off 12,000 employees in January, while Meta and Amazon conducted two waves of layoffs that resulted in the removal of 21,000 and 27,000 employees, respectively.
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