Tech company's expansion could bring 2000 jobs to New Orleans

Mae Love
November 14, 2017

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.

In return, the publicly traded tech giant-which has revenues of some $25 billion and more than 6,000 private and public sector clients in 70 countries-has promised to create some 2,000 permanent jobs over the next seven years with an annual payroll exceeding $133 million by 2025.

John Bell Edwards' office calls it one of the most significant economic development announcements in state history: A technology company bringing 2,000 jobs to New Orleans.

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

The source confirmed the spin off company is Virginia-based DXC Technology, which describes itself as an "end-to-end IT services company".

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"Our partnership with local colleges and universities will be important to our success and will increase the number of graduates and skilled professionals in technology-related fields in the city and across the region", DXC's chief executive, Mike Lawrie, said in a statement.

To secure the project, the state of Louisiana offered the company a competitive incentive package with $18.7 million in performance-based grants payable over five years and to include a flexible performance-based grant ($15 million), a performance-based parking assistance grant ($2.2 million) and a performance-based demolition grant ($1.5 million).

The average salary will be $63,000, plus benefits, Edwards said, noting that the company selected New Orleans over several other states and locations that were vying for the project.

The company expects the center's operations to begin in January.

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