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:

1) IBM--> It will run the bank's main data centers, develop applications and manage bank employees' desktop, laptop and handheld computers.
1 @+ H+ N5 J$ u+ ~4 X" ]2) Accenture--> Application Development
7 g( d. d8 t3 n0 e- N+ ?) y3) TCS--> Application Development & Support
3 v9 `( @! G2 m. q9 m4) Infosys--> Application Development & Support
9 Z+ K0 P9 B! S/ J6 R+ _5) 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:
# n+ u; T8 Y2 U9 `+ ], l2 U1) ABN-AMRO is all set to lay-off 1500 people.
2) It will retain 1800 full-time IT staff. Transfer 2000 to the five IT vendors.
8 s7 f% n9 l, l/ b( r8 Q/ z! J3) In turn with the order in the bag, the IT majors are all set to ramp-up their Indian operations.
4) Raw statistics provided tell that amongst this five IT majors the deal has created more than 30,000 jobs in India
' h" e8 X* V' q9 M# M5 Y5) A flip side of this has inadvertently resulted in the wage-inflation and attrition rise

: |& A( u  \, R. dAnalysts 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.