Cisco to Raise India Staff by 60 Percent
Bangalore: Over the next four years, Cisco will enhance its workforce by about 60 percent in India, says a senior executive of the network equipment, reports Gulveen Aulakh on ‘The Economic Times’.
In mid 2011, Cisco had declared a 15 percent cutoff in the workforce globally. After that, this will be the company’s first big scale recruitment in India. It is reported, that the recruitment will mostly be done for the organizations development and research centre in Bangalore, which is the company’s biggest outside U.S. Increasingly, the company is using its Bangalore centre for innovating products for emerging markets like India, China and Brazil. “ By 2015, we will be ramping up from 7,500 people to about 12,000 people, increasing workforce out of Bangalore," said senior vice-president Sanjay Rohatgi. "We want to innovate faster and at the right price point for emerging countries because the growth will happen in this part of the world now"he said.