With the increasing unemployment, PayPal announced on Wednesday that they would be hiring one thousand engineers from various parts of India.
PayPal To Focus On International Sales For Indian Businesses
As per the latest updates, the Global Digital payments platform, PayPal will be hiring one thousand engineers from Bengaluru, Hyderabad, and Chennai. The hiring will happen over the course of one year for its India Development Centre.
This move comes after PayPal announced last month that they have decided to slow down their services in India from April 1, 2021. However, the company will focus on enabling international sales for Indian businesses.
Further talking about the hiring part of the plan in India, the digital payments major said that the engineers will be hired from various fields. It includes software, data science, risk analytics, business analytics, and product development. The potential employees will be hired at entry, mid-levels, and for senior roles as well.
The company will also be moving forward with campus hirings across India.
Guru Bhat, Vice President Omni Channel & Customer Success GM for PayPal India said in a statement that their Technology Centres in India are the largest after the ones in the United States of America. He further said that they want to focus on investing in nurturing world-class technology and continue to serve the customers.
Pandemic Accelerated PayPal’s Relevance
The pandemic did accelerate the need to shift towards the digital mode, including the payment systems. It further highlighted the benefits of adopting a digital approach. PayPal recently revealed that its products and services have gained more relevance now. This has further led them to focus on innovating technology via Artificial Intelligence and Machine Learning.
Currently, the Indian Technology Centres employs over 4,500 people across the three centers in Hyderabad, Bengaluru, and Chennai.