Liferay, the US-based cloud-powered digital user experience platform (DXP) provider has announced that it will double its workforce in India. The company plans to add over 200 employees in the next two years.
The company has also opened a new office in Bangalore To expand its operations in India.
Over the next two years, Liferay will recruit experienced and entry-level engineering and management positions, including cloud technologies, product development, operations, marketing and sales.
Liferay has also created an internship program that will nurture and train engineering and management candidates from top institutes across India as a part of the recruitment process. Full time employment opportunities will be provided to the candidates after the completion of the programme.
“The Prime Minister is insisting Digital India And the need for a robust digital ecosystem has offered a dramatic boost to the country’s DXP market. This, coupled with the country’s highly skilled technical talent, makes India a sweet destination for us. As an innovative technology service provider, we are excited to serve the unique needs of thousands of emerging digital businesses across industries,” said Brian Chan, Founder and Chief Software Architect, Liferay.
“We are confident that our new office in India will help us unlock numerous employment opportunities and provide us with a great momentum while expanding our product offerings while providing exceptional service to customers,” he added.
The company aims to tap the $710.0 billion market opportunity in India. Globally, the DXP market is growing rapidly and is expected to reach $13.9 billion by 2024.
Established in 2020, Liferay is present in 19 countries across the Asia Pacific region (APAC), Europe, Middle East and Africa (EMEA) and the Americas. It has more than 1,200 employees across the world including India.
Liferay offers businesses in B2B, B2C and B2E with flexible, scalable, accessible and secure tailored accelerator solutions.
This comes at a time when more than tens of thousands of tech workers have been laid off globally and in India.
Amazon plans to lay off 18,000 workers, while Microsoft Corp. laid off fewer than 1,000.
Recently, food and grocery delivery platform Swiggy laid off 380 employees of its 6,000-strong workforce as part of the restructuring exercise.
Delivery platform Dunzo laid off 3 per cent of its workforce citing restructuring. According to LinkedIn, the company has a workforce of 3,000 employees, which means it has laid off around 90 employees.
Cloud kitchen brand Rebel Foods as well as Edtech Unicorn Lead School have also laid off employees recently. Bengaluru-based cab aggregator Ola Cabs also laid off employees from some of its verticals as part of a ‘restructuring exercise’.
In the ed-tech sector, Byju’s has laid off around 1,500 employees.
catch all corporate news And updates on Live Mint. download mint news app to receive daily market update & Live business News,