Xansa turns focus back to UK after loss
Xansa, the IT services company, has said it will withdraw from the outsourcing market in continental Europe and Asia Pacific to focus on the UK.
Reporting a 6.8% fall in loss in pre-tax profits to £13.5m for the six months to 31 October, Xansa's chief executive, Alistair Cox, said he did not believe continental Europe was ready for large-scale outsourcing.
The company is set to increase its India-based workforce from 1,426 - a quarter of its total staff - to almost 3,000 next year, according to analyst firm Ovum Holway.
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