Employee Turnover in Outsourcing

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Lets kickstart with the much talked about deal in the recent past. The ABN-AMRO outsourcing deal. The deal approximately pegged at $2.2 Billion is spread across 5 companies managing different operations:
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1) IBM--> It will run the bank's main data centers, develop applications and manage bank employees' desktop, laptop and handheld computers.
' H3 b! p2 o& k5 d3 u) Y) y2) Accenture--> Application Development
3) TCS--> Application Development & Support
6 W* j9 }( }5 ^4) Infosys--> Application Development & Support
. l) X3 p6 X. O2 g6 n2 [7 k) Y  l5) Patni Computer Services--> Application Development
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Now this has resulted in the following turn-around as far as the employees are concerned:
1) ABN-AMRO is all set to lay-off 1500 people.
% e, W4 C. i9 g. ~1 {: y* v" c2) It will retain 1800 full-time IT staff. Transfer 2000 to the five IT vendors.
% ]( j+ B& i& i2 X7 l2 T3) In turn with the order in the bag, the IT majors are all set to ramp-up their Indian operations.
% h# M5 c  f% l1 t$ E: g! n4) Raw statistics provided tell that amongst this five IT majors the deal has created more than 30,000 jobs in India
  j. Q4 Z  A* y9 k$ g5) A flip side of this has inadvertently resulted in the wage-inflation and attrition rise
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Analysts believe that this is just a tip of the iceberg. More is yet to come. In the coming blogs we will see more case examples and their effects.