Feeds

EDS to offshore 15,000 jobs

Eyeing up cheaper workers

Next gen security for virtualised datacentres

EDS is to move up to 15,000 jobs to cheaper locations over the next "couple of years", according to the company's CEO Michael Jordan, bringing the total number of "offshore" employees to around 45,000.

The company has already cut around 1,000 jobs this year, but Jordan told The FT he wants to lose another 4,000 from the developed world by the end of 2006.

These cuts will be a combination of moving jobs to countries with lower hiring costs, and through deploying new technology tools designed to improve productivity. Layers of unnecessary management would be stripped out, he said.

The company also had to increase productivity by three to four per cent every year, he added.

While jobs are being slashed in the developed world, the company is losing no time picking up the slack in cheaper locations. EDS said it plans to open a new centre in China, with 1,000 employees, and it recently bought Mphasis, an Indian IT services firm employing some 12,000 people.

But all these cuts don't come cheap. The FT notes that with so many redundancy payments owing this quarter, the company had to issue a warning that its profits would not meet Wall Street expectations. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?