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Lloyds TSB Union demands company not to outsource jobs to India

By Staff
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Google Oneindia News

London, Sep 24 (UNI) Lloyds TSB Group Union, the independent trade union representing the majority of Lloyds TSB Staff, has demanded the company to ditch its strategy of offshoring jobs to India, following its takeover of Halifax Bank of Scotland (HBOS).

LTU has been arguing for some time that jobs that have been transferred to India over the past five years should be returned to the UK.

As part of the union's negotiations on the takeover, it will insist that to help mitigate large scale job losses in the UK as the new combined Bank seeks to remove overlaps and duplication, saving one billion euros by 2011, the Bank should agree to immediately freeze all ongoing programmes that involve transferring yet more jobs such as IT and back office processing to India.

The Bank should also commence plans to return to the UK the estimated 3,000 jobs that have already been transferred to India, in order to safeguard the existing UK jobs that would otherwise be lost as Lloyds TSB and HBOS operations merge together.

Such a move, says the union, will repeat its earlier success when in March last year - under pressure from the Union's 'Save UK Jobs' campaign - Lloyds TSB closed its Call Centre in Mumbai, returning all jobs to the UK.

UNI XC SG AS1637

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