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.
Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.
Comments are closed.
People Ken Miller set to retire after more than three decades of service [Virginia Tech] After more than 35 years of dedicated service to Virginia Tech, Ken Miller has announced his retirement. Miller was appointed vice president for finance in April 2020 and also serves as the university treasurer. In these roles, he provides financial […]
Here we are again talking about the accountant shortage. Don’t blame me, blame WSJ. Mark Maurer at Wall Street Journal wrote today about a young man named Omer Khokhar who realized after six years in accounting that he was done. The article title: “Job Security Isn’t Enough to Keep Many Accountants From Quitting.” Ruh-oh. The […]
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…