September 6, 2025 | 12:00am
MANILA, Philippines — A member unit of the worldwide community of multinational skilled providers agency Ernst & Younger is planning to broaden its operations within the Philippines, nearly doubling its workforce and broadening its workplace footprint within the medium time period to help future progress.
EY GDS location chief Denchu Jose mentioned the corporate at present has round 5,500 workers and that the enlargement would accommodate rising demand and broaden its operations within the Philippines.
“We’re additionally trying ahead to the longer term progress, from the place we’re to about 10,000 in three to 5 years,” Jose mentioned throughout a media roundtable on the Makati Shangri-La Lodge.
Jose mentioned EY GDS is quickly working out of a co-working house in Cebu however plans to open a everlasting workplace by Could subsequent 12 months as a part of its broader progress technique.
He famous that whereas Cebu is a part of their enlargement plan, the corporate’s important workplace stays in Taguig, which continues to function the hub of EY GDS operations within the Philippines.
EY GDS Philippines consulting chief Raymond Garret Go attributed the deliberate enlargement to the energy of the Philippine expertise pool, which he described as world-class and more and more able to dealing with extra subtle work.
“It’s actually the expertise base we now have right here. So, our skills are world class so they can do the identical work that somebody from, say, high-cost international locations can do,” he mentioned.
He famous that outsourcing to international locations just like the Philippines and India was once restricted to “arms and legs work” or entry-level features.
“However through the years, we’ve confirmed that we are able to tackle actually complicated forms of work,” Go added.
Go additionally identified that EY is a $50 billion international enterprise and that the agency goals to double in dimension within the coming years, a purpose that additionally drives the enlargement of its supply facilities, together with the Philippines.
In the meantime, EY GDS Philippines assurance chief Karthik Bhaskaran mentioned the agency sees alternatives to broaden the scope of its core providers within the nation.
“The service line core will keep however the degree of providers we’re capable of develop in every of those will begin increasing,” Bhaskaran mentioned.
“For instance, the service line is assurance however the sustainability efforts and the work that we are able to do. The Local weather Change and Sustainability Companies, as we name it, is a further service that’s now coming to assurance,” he added.
EY GDS operates via 4 important service strains, that are assurance, tax, consulting and what it calls because the EY-Parthenon.
EY-Parthenon, the agency’s technique and transactions arm, helps organizations with enterprise planning, restructuring, and mergers and acquisitions.