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Verizon`s India arm to step up headcount by 10%

Views 0 Views    Comments 0 Comments    Share Share    Posted 02-08-2009  
CHENNAI: Verizon Data Services India (VDSI), the captive IT support arm of US-based Verizon corporation, may be looking at a gradual recruitment year, resulting in a 10% increase in its current headcount of 4,500.

This would be on par with its headcount growth of 11% per annum in FY08 and FY09. VDSI, one of the top software exporters from Chennai, provides IT support to its parent company’s wireline telecom arm Verizon Telecom (VzT), operating only in the US and enterprise network solutions arm Verizon Business (VzB), which operates in various countries, including India. In that sense, it is an IT software and services company serving just one sector — telecom.

Speaking to ET, VDSI senior VP and MD Rahul Saxena said, “Globally, telecom, as a sector, has not really been hit by the recession. In any case, VDSI being the only IT support centre for VzT and internal IT contracts not diminishing during a slowdown, we have been able to sustain our business.” VzT has a 700-strong IT support centre in Argentina, mainly to cater to its local operations. VDSI remains its only large captive IT unit.

Source:
http://economictimes.indiatimes.com/News/News-By-Industry/Jobs/Verizons-India-ar
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