Feeds

EDS to offshore 15,000 jobs

Eyeing up cheaper workers

Security for virtualized 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. ®

New hybrid storage solutions

More from The Register

next story
Quit drooling, fanbois - haven't you SEEN what the iPhone 6 costs?
How keen will buyers be when exposed to the real price?
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Ex-Autonomy execs: HP's latest wad blows apart fraud allegations
Top bods claim IT titan's latest court filing is smoking gun of 'reckless aggression'
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Elon Musk says Tesla's stock price is too high ... welp, NOT ANY MORE
As Nevada throws the SpaceX supremo a $1.25bn bone
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.