These tech firms are on a hiring spree and slamming slowdown fears

Slowdown news in the tech sector is haunting job seekers but there are few tech MNCs that are slamming all them.

Several MNCs are on a hiring spree and looking for hundreds and even thousands of people at various locations.

Slamming the slowdown fears are the companies such as Accenture, Capgemini, Oracle, IBM, Goldman Sachs, etc.

For instance, Accenture is hiring 5,396 people in India and Capgemini has 2,649 job openings in the country.

Likewise, Oracle is looking to hire 1,124 people in India, Amazon is looking for tech experts for various divisions, IBM has 675 open positions and Dell is looking to get 285 people on board.

The job openings come as a relief for job seekers as many IT companies saw their headcount go down.

"If a company wants to hire 1,000 people in a quarter for things like data analytics, India is the only place where you will find people available at that kind of scale, and it will remain so," Sandeep Mathur, former Oracle India managing director, told Times of India. MNCs, he said, had long stopped coming to India for cost. "They need people to address their growth challenges and even automation codes have to be written by humans."