Frank Byrt reports in a 12/1/05 WSJ article that Dallas-based EDS plans to double the number of its employees working in "cost-advantaged locations" outside the U.S. About 15,000 of EDS's 117,000 employees currently work in such locations. The move will mean job losses for some North American and European employees.
Here's an excerpt from Byrt's article:
"Chief Executive Michael Jordan said such countries have an increasing number of low-wage workers with the technical skills EDS needs, while the pool of people in the U.S. with those abilities is shrinking. 'Any commercial enterprise has to take advantage of it,' if the company is to remain competitive internationally, he said about outsourcing."
