Feeds

EDS to offshore 15,000 jobs

Eyeing up cheaper workers

Internet Security Threat Report 2014

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
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
prev story

Whitepapers

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.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.