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Tech companies planning to hire thousands of new workers

by SCOTT BUDMAN / KNTV - NBC affiliate

KING5.com

Posted on February 9, 2010 at 12:33 PM

Updated Tuesday, Feb 9 at 12:45 PM

What do you mean economic slowdown?  Tesla, revving up for an IPO so it can grow the company.

Cisco, announcing plans to hire as many as 3000 new workers.

And Oracle, saying it will grow by two thousand people.

The growth of tech companies was also the theme of this Nvidia event.  The Silicon Valley chipmaker putting on rose colored glasses, investing in new products to help customers bring 3D to your home.

"It's super important that we invest now, when a lot of people don't think it's a good idea.  It's the right thing to do, because our customers will be more efficient and that creates jobs and a better economy," says Nvidia's Dan Vivoli.

While the rest of the country talks about jobs, the tech industry is hiring.  Big companies like Nvidia, developing new chips to help smaller companies save money, and grow.

"So the quicker the company has more products to sell, we can have more people to do functions that come with the new product." says Agilent's Amolak Badesha.

"It's that kind of thing tech brings to the market, the idea that you can do more with less, and when you're hurting for money, that plays well, regardless of where the economy is," says Rob Enderle, Principal Analyst for the Enderle Group.

Silicon Valley is famous for developing the next big thing.

These days it's known as the place where jobs are.

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Comments: Displaying 1 - 2 of 2

myowncomments said on February 10, 2010 at 6:03 AM

Or L1

37354171
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quackula said on February 9, 2010 at 4:10 PM

If you have an H1B they will hire you.

37327716
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