[lbo-talk] Computer Associates on hiring spree in India

uvj at vsnl.com uvj at vsnl.com
Mon Nov 3 15:48:52 PST 2003


THE TIMES OF INDIA

SUNDAY, SEPTEMBER 28, 2003

Computer Associates on hiring spree in India

AP

NEW YORK: Computer Associates International Inc plans to hire several hundred workers in India and China in the next year, its top executive told employees on Friday.

The Islandia, New York-based company planned to add "a few hundred people" at a software development centre in Hyderabad, India, and about 100 more jobs in China, Computer Associates CEO Sanjay Kumar wrote in an internal memo.

Kumar, who was born in Sri Lanka, said Computer Associates' international expansion would not come at the expense of its US research staff or result in layoffs elsewhere in the company.

The business software maker is the latest large US technology company to expand overseas to take advantage of lower labour costs.

Rival BMC Software Inc, Houston, announced plans in July to cut 13 per cent of its work force, or about 950 jobs, and shift some development work overseas.

Computer Associates had about 16,000 employees at the end of March, with approximately 6,900 overseas. It dismissed about 450 employees in April as part of a reorganization of its services business.

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