What Unisys Corporation told the SEC could break it.

Of ~15,000 employees, the largest single-country concentration is India (4,200) versus 2,300 in the U.S., making the cost-competitive delivery model exposed to India-specific and offshoring-policy risks.

“At December 31, 2025, Unisys employed approximately 15,000 professionals across the globe, of which 4,200 were located in India, 2,300 were located in the United States and 8,500 were located in other countries around the world.”

Global operations face trade tensions, tariffs, export controls, and the possibility that future policy extends to digital goods/services or offshore employment — notably the proposed Halting International Relocation of Employment (HIRE) Act, which would directly affect Unisys's offshore delivery.

“Although recent trade and tariff restrictions have primarily targeted physical goods and manufacturing components, we cannot predict the direction of future trade and tariff policy, including whether additional tariffs or non-tariff barriers will be applied to digital goods and services, including the proposed Halting International Relocation of Employment (HIRE) Act”

Unisys relies on a single or limited number of suppliers for certain technology products; supplier failure to deliver components in sufficient quantity or on time could adversely affect operations.

“We rely on a single or limited number of suppliers for certain technology products, although we attempt to ensure that alternative sources are available if the need arises.”