Technology company bringing 2000 jobs to New Orleans

Technology company bringing 2000 jobs to New Orleans

DXC Technology is setting up a digital transformation center in downtown New Orleans, creating 2,000 direct hires and more than 2,200 indirect jobs, Louisiana Governor John Bel Edwards and New Orleans Mayor Mitch Landrieu announced today.

"Louisiana's greatest days lie ahead and DXC technology, their strong presence right here in the Central Business District of New Orleans represents a bold powerful new step in that direction", Edwards said.

According to DXC's corporate profile, the company has 155,000 employees in more than 70 countries, serving some 6,000 clients.

While New Orleans is the big victor in the deal, the benefits will ripple throughout the state.

Governor Edwards says analysis by the LSU Economics & Policy Research Group expects DXC to create $64.3 million in state taxes, $868.4 million in earnings, and a total economic output of $3.2 billion through 2025.

To meet the labor demand, Louisiana will fund a $25 million higher education initiative to increase the amount of degrees awarded in computer science, management and STEM-related studies, the governor's statement said. The institutions will receive grant money directly over the next five years to be used for faculty, curriculum and other instructional resources.

The state is putting up a $120 million package of incentives to lure DXC to New Orleans. DXC will also receive workforce training assistance from the state's LED FastStart program. Hilton said the facility planned for New Orleans will be the largest digital transformation center it has built. "It's a home run for the entire tech ecosystem statewide".

A newly formed firm that has acquired parts of the Hewlett-Packard technology company will be relocating to New Orleans and providing about 2,000 new tech jobs, according to a source with knowledge of the announcement. "I've said before we are looking at creating some lower-cost facilities in the United States and moving some of our workload there".