When accounting goes unaccounted for
That’s it. That’s the story.
Published today in India’s business paper The Economic Times:
Deloitte plans to have around 30% of its workforce operating from India within the next four years, with an estimated total employee count ranging from 150,000 to 160,000, as the country figures prominently in the firm’s global growth plans, according to Romal Shetty, CEO, Deloitte South Asia.
Discuss.
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That’s what he told Fox Business Network anyway. He doesn’t stat it explicitly but Quigs is probably referring to his Big 4 and professional services brethren.
Not exactly sure why JQ thinks we aren’t headed for a double-dip after Team Jehovah gave the ‘fairly bad’ to ‘very bad’ outlook.
Is he still riding high on the biggest of the Big 4 news? Discuss.
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Dey took er jobs! But for real, good freakin luck, Gen Z accountants, Boomers are building the ship to wreck.
Deloitte is on the way to becoming Infosys
I worked at Big4 and the quality of work from South Asia is crap. Besides the language barrier, they don’t care because they’re paid crap salaries.
Interesting how none of the commenters nor the author of this post is asking whether this is Deloitte India growing significantly due to in-country growth ops and its headcount is poised to grow to the levels projected by the CEO of Deloitte South Asia, or if the headcount growth is coming from Deloitte US India, which is the offshore arm of the US firm. It’s one thing if it’s growth of client-facing roles within the Deloitte India firm, it’s quite a bit different if the growth is coming from the backoffice functions of Deloitte USI.
It’s offshoring.
And how many India partners will there be? Can anyone say Zero/Notta/None?
>>Deloitte plans to have around 30% of its workforce operating from India within the next four years, with an estimated total employee count ranging from 150,000 to 160,000, as the country figures prominently in the firm’s global growth plans, according to Romal Shetty, CEO, Deloitte South Asia.<<
This isn’t new. A number of the large tech companies are in the process of getting their teams to determine how much of their workforce can be moved abroad. Taking away jobs from Americans because the labor in other countries is “cheaper” just to save money, offer less benefits, and continue growing…