CSC Baltic, the Lithuanian arm of US Computer Sciences Corp (CSC) global IT services player, plans to boost its Vilnius-based office with hundreds of new staff, reported news2biz LITHUANIA.
Five years in business, the Vilnius unit specialises in providing 24/7 IT infrastructure support for mostly finance, logistics and travel sector customers located in the Nordics but also other European countries and even much further, in the US and Asia. It now employs 290 staff, of which around 50 have been added in recent months.
During the next few years these two figures will dwarf as CSC Baltic plans to grow to 1,000 jobs. The growth will be part of CSC's new USD 1bn, 12-18 month cost cutting campaign announced by the company's new CEO in mid-2012. The New York-listed group was hit with a USD 4.2bn loss last year. Cost cutting, among other things, will mean more jobs for the relatively cheap Vilnius office.
At a press conference in Vilnius to mark the 5-year anniversary and announce the expansion plan, John Walsh, CSC's Denmark-based VP and head for Northern Europe, commended Lithuania's ability to supply multi-language staff who provide IT support on using various business management and security systems.