Atos looks to offshore recruitment amid two-way group split

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Atos looks to offshore recruitment amid two-way group split
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Atos waves bye to 12k staff, adds 16k mostly in offshore and nearshore sites

to the tune of €1.9 billion in February, and then announcing the bifurcation in June.

At that point last month, Atos said it would spin out its Digital, Big Data and Security businesses into a new separate, publicly traded entity called Evidian, and funnel the remaining legacy bits including Data Centre & Hosting, Distal Workplace, Unified Comms, and BPO into Tech Foundation Co .Now Atos has outlined prelim numbers covering trade for thewith group revenue down 0.6 percent year-on-year to €5.563 billion. Evidian grew 2 percent to $2.539 billion and TFO declined 2.

The infrastructure business reported a “much more contained revenue decline” than last year, UC shrank due to “persisting supply chain tensions” as did HPC, cyber security was in strong demand, as were professional services, applications and public cloud. Atos said it witnessed a “sharp rebound in order entry” in the second quarter and the book-to-bill ratio improved at 101 percent compared to 78 percent in Q1. This, Atos said, signals a “ramp” of business in the second half of 2022 and indicates “customer support” for the transformation plan.

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