Infosys plans 10,000 new US tech jobs
India-based Infosys plans to open its next technology and innovation hub in North Carolina and hire 2,000 “American” workers in the state by 2021 – which is a dream within a bigger dream.
This investment is part of its ambitions, revealed in May, to open four US hubs in the US and hire 10,000 “American” technology workers over the next two years. The first hub, announced in Indiana, will hire 2,000 “American” workers by 2021. I think we have finally worked out they want to hire Americans.
With the fintech world awash with countless (OK, I could count them, but I won’t) innovation hubs, Infosys wants to tap into talent and keep business momentum.
Infosys says these new hires will include recent graduates from the state’s network of colleges, universities and community colleges, as well as local professionals who “will benefit from upskilling” through Infosys’ training curriculum. North Carolina is also contributing a $3 million grant towards training these workers.
Dr. Vishal Sikka, CEO at Infosys, says these graduates and experienced professionals will use artificial intelligence (AI), machine learning, analytics and cloud to “drive the transformation of core American industries such as aerospace, banking, biotech, and energy”.
That’s fighting talk
Earlier this year, Infosys fought back over allegations made by an anonymous whistleblower that its $200 million acquisition of Israeli firm Panaya was a big old mess.
The whistleblower says in an email that Infosys’ acquisition price in February 2015 was over the odds, as the company had been valued at $162 million by Israel Growth Partners. This latter firm made a $20 million investment to pick up a 12.31% stake.