02 March 2003 16:05
INDIA: ORACLE TO HIRE 2,000 SOFTWARE PROFESSIONALS IN INDIA
Oracle Corp., world's number two software company, plans to hire about 2,000 lower-paid software developers in
India in the next two years. Oracle's growing employee base in India and China is part of an increasing trend to
shift operations, especially support operations, to lower cost developing countries, the Silicon Valley Business Ink
reported. According to Forrester Research Inc., an estimated US$136 billion in wages, or about 3.3 million jobs in
software, product development, back-office accounting and call centre support will move offshore to India, Malaysia,
China, Russia and the Philippines in the next 15 years. - (EMEconomy.com)
[AIW [Asia Africa Intelligence Wire]] |
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