EU Enlists Telefonica, Cisco, HP, Nokia, ARM And Others To Close The 700K IT Job Gap In Europe

Neelie Kroes, VP of the European Commission, today announced a new education initiative for Europe with help from Cisco, Nokia, Telefonica, ARM, HP and other tech titans, as well as government and other partners. The aim, she says, is to close what Europe estimates as a 700,000-IT-job gap in the region. One of the first partners, Telefonica, today also announced its own contribution to the effort: an aim to spin out, by 2015, 1,000 new startups through initiatives like its Wayra incubator, as well as training, mentoring, and job placements for thousands of others.

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