HCL to create 10,000 local jobs in US & Europe in next five years
HCL Technologies Ltd. (HCL) has announced a series of initiatives around building Glocal Centres of Excellence (GCoE) with the aim of creating 10,000 jobs in US and Europe in the next five years.
Vineet Nayar, Vice Chairman & CEO, HCL Technologies said, "As our unique Employees First culture has continued to grow and evolve, we've seen more and more HCL employees expressing the desire to see a truly socially responsible business model. Clearly, the need of the hour is growth and employment and we believe that this initiative will create unique business value for HCL while generating sustainable employment in local economies for years to come. It will need significant collaboration of all stake holders; however we do believe that it can be done and we are committed to backing this program with all our resources and best intent."
HCL has embarked on a series of initiatives led by its investments in building GCoEs, running dedicated recruitment and training programs for college graduates and providing platforms for developing IT skill pool in local communities through collaboration with anchor customers and universities. In the months ahead HCL is believed to be working with 12 universities to offer a six-month elective course - as well as workshops on technology and management - and encouraging innovation through contests such as the HCL-M-Prize, created in association with Prof. Gary Hamel's MIX. HCL's technology partners will also join hands in this initiative to provide training in upcoming technologies so that the talent deficit in these areas gets addressed. The company is expected to be working closely with government agencies to enlist their support in developing these ecosystems.
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