Nice insights on hirings and employee distribution Sahil ji, Tarang ji
These hiring figures justify the 75-80% growth promised by the company
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To my knowledge this is the highest available growth figures among all listed/unlisted VFX companies and also among all listed IT Services companies
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Hiring is happening across 3 locations equally …signifies their strategy to work across markets, unlike Redchillies which heavily caters to SRK and Hindi movies… PhantomFX don’t have office in Karnataka and Kerala, but they also provide services to these industries too…recent one I came across is “2018”, it’s a Malayalam super hit movie
The recent multiyear OTT deal from Netflix also highlights their strategy to diversify between Movies and OTT, Indian vs International content and de risking themselves
If you observe their recent job postings… again a nice operational strategy, indicates the growth will happen for sure
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Recently expanded their HR team with 3 new hires…this would help in ramping up hiring and other HR functions
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Hired a Senior Creative Head with International film experience… this would help in building new team around him and also get some new projects and probably he could pull some ex colleagues into PhantomFX
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All their openings were for experienced people with 2-4 years or above experience levels except this week’s post calling for freshers…this has strengethned their lower mid and mid level organisation pyramid…adding freshers under them would make it easy and this number might go big and this might happen in shorter time
VFX is going to play key role for the rise of Indian cinema to International level, RRR paving the way and now Kalki trying to take it a step further and many many more to follow with even bigger budgets which we haven’t imagined before. VFX industry is going to immensely benefit with demand coming from different platforms both within India and across the world. PhantomFX is nicely positioning themselves to ride this wave.
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