Cisco to outsource more
Cisco to outsource more
Date: Monday, January 13, 2003 1:03 PM
H-1B and JOB DESTRUCTION NEWSLETTER
www.ZaZona.com
There is only one wrong phrase in the article.
“Cisco is not hiring worldwide" should be changed to "Cisco is not hiring
American workers".
http://www.business-standard.com/today/story.asp?Menu=24&story=5833
Intelligent Information
Cisco to outsource more to Indian firms
Bipin Chandran in New Delhi
Published : January 13, 2003
Cisco Systems Inc has decided to put on hold plans to hire engineers
globally. It will instead outsource its development requirements to Indian
software companies.
India is the only country where Cisco outsources software and product
development work.
The company outsources its software and product development requirements to
Infosys Technologies, Wipro and HCL Technologies and has mandated them to
hire more for Cisco’s development work.
“Cisco is not hiring worldwide. We will outsource more software services and
product development work to companies in India,” S Devarajan,
vice-president, Cisco Systems India, told Business Standard.
Cisco, the world’s leading networking technology company, has also decided
to outsource the company’s internal business process outsourcing (BPO)
operations to Indian companies.
“We are moving some part of our internal BPO operations also to India,”
Devarajan said. The company outsources its BPO requirement to Progeon, the
BPO subsidiary of Infosys Technologies.
Cisco, which reached a $100 billion market capitalisation in the shortest
time in corporate history, took the decision to freeze hiring after the
Internet meltdown.
Cisco employs about 2,300 people in India, both in its own research and
development centre in Bangalore and with its three partners.
Of these, close to 1,600 engineers are employed with partners while the rest
are in its centres. According to Devarajan, the partners of the company had
added about 500 people for Cisco.
"Our Indian partners added about 500 people last year for Cisco-related
jobs," he said.
Cisco will continue to move more work to its Indian partners. "We are not
hiring worldwide and we are developing new technologies. This means that our
partners will have to grow. It is tough to put a number on the projections
now. Our partners are hiring," Devarajan said.
"We have developed products completely out of India and it will happen more
often now," he said, adding the company had filed about 50 patents from
India.
Cisco established its Indian operations in 1995 and has offices in New
Delhi, Mumbai, Bangalore, Chennai and Kolkata and a large software R&D
facility – Cisco Global Development Centre – in Bangalore.
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