Ready, Aim, Hire! ; There Are Companies in Many Sectors That Are Bucking the Overall Hiring Trend. These Are Financially-Strong Companies That Want to Be More Competitive in the Market. Upping the Hiring Momentum, These Companies Discover a Slowdown Is a Good Time to Cherry-Pick Talent. Saumya Bhattacharya, E. Kumar Sharma & N. Madhavan Report.

Summary

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In the past five months, the number of people employed at Hyderabad-based Maytas Infra, the listed infrastructure development company promoted by the family of Satyam Computer Services' founder promoters, has come down from 3,000 to 1,800. The huge outflow of talent from the troubled 23-year-old company has not stemmed yet.

Expat talent is fleeing shaky real estate markets of Dubai and returning home. What's new and what's the connect? The connect is Hyderabad-based IVRCL Infrastructures and Projects, which has just hired 100-odd people, which include ex-employees of Maytas Infra and Indian returnees from Dubai.

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Ready, Aim, Hire! ; There Are Companies in Many Sectors That Are Bucking the Overall Hiring Trend. These Are Financially-Strong Companies That Want to Be More Competitive in the Market. Upping the Hiring Momentum, These Companies Discover a Slowdown Is a Good Time to Cherry-Pick Talent. Saumya Bhattacharya, E. Kumar Sharma & N. Madhavan Report.

In the last six months, we have not advertised for job openings but since January this year, we have so far got 700-750 unsolicited job applications, says E. Sudhir Reddy, Chairman & Managing Director, IVRCL Infrastructures and Projects. During this period, he has added 100-odd middle and senior managers (DGM to VP, going up to President).

By no means is Reddy alone. In Hyderabad and elsewhere, a clutch of corporates is in hiring mode, driven by the belief that the current m...

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