Capgemini has committed Rs 50 for the building of additional medical infrastructure in India to provide treatment for the patients infected by the second wave of Covid-19. The money will be spent on building ICU facilities, oxygen plants, etc, and go into relief operations. Capgemini is in talks with the state govt to set up medical facilities in the cities where it has a presence. “This contribution will be in addition to our CSR statutory fund in India, said CEO Aiman Ezzat.
Capgemini has 19,000 open positions in India this year. The French firm is likely to close these opening with a mix of freshers and mid-level hires. Hiring, mostly, will be both in operational and technology roles for the new age digital technologies skills. Capgemini India has around 1.2 lakh employees, accounting for over 50% of the total workforce, and is its largest delivery engine. Last year it also hired over 12,000 freshers in India.
Olaf Pietschner, in continuation to his role of heading A/NZ, is promoted to the role of CEO of Capgemini’s Asia Pacific business unit, replacing Luc-Francois Salvador. Pietschner had joined Capgemini Central Europe for 2 years (2002-2004), returned in 2017 as COO and replaced Nicolas Aidoud as managing director in 2018. He also held executive roles at Origin Energy and News Corporation. He has more than 25 years of industry experience.
NASSCOM and Capgemini-acquired ALTRAN are offering an IT Skilling and Employability Enhancement Program for women engineering grads. Entitled ‘She Arise’, this training will help women to build a career in tech like big data, AI, ML, etc. Unemployed females with BTech, MTech, BE degree in CS, IT, ECE, EE are eligible for this program. Also, rural, urban-rural, EBB, or underprivileged female beneficiaries with annual family income less than 5L can also apply.
Capgemini ex-COO Thierry Delaporte is announced as CEO and MD of Wipro, becoming the first foreigner to lead a top-tier Indian IT service firm. Delaporte served as Capagemini’s Latin America CEO alongside leading its banking and financial services for 25 years. Replacing outgoing CEO Abidali Neemuchwala, he will take over from 6th July and will report to chairman Rishad Premji. Although he is acquainted with Indian work culture, he will continue to be based in Paris.
Capgemini, despite a strong Q1, has said that it was no position to predict the outlook for 2020, It has reported a 3.1% consolidated revenue at €3.55 bn in Q1 of 2020, compared to €3.44 bn last year. Digital and cloud services accounted for over 50% of group revenues. Paul Hermelin, Chairman and CEO, and Aiman Ezzat, who is set to take over as CEO will take a 25% cut in their compensation. Besides the company has reduced the share dividend by 29%.