UK grp Resolution plans to move IT jobs to India

By Staff
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Google Oneindia News

London, Sept 21: The FTSE 100 financial services group, Resolution is the latest company to disclose plans to move hundreds of call-centre and IT jobs to India.

The decision is said to have been made in view of rivals such as Aviva, which already employs thousands in Asia. Resolution Chief Executive Paul Thompson said that although the company had so far managed to avoid any compulsory redundancies, due to the business's rapid expansion, he could not rule out compulsory job cuts in the future.

''We've managed to actively avoid compulsory redundancies (to date) through further acquisitions. We're actually a net hirer of people in Glasgow at the moment, but we'll have to see where we get to with the offshoring. It's not going to be something that happens overnight and this industry has relatively high turnover rates of up to 15 per cent per annum,'' said Mr Thompson.

The company employs 3,500 people in the UK.

The news which comes days after Norwich Union announced a further 4,000 UK job cuts, of which 1,500 are as a result of plans to move jobs to Asia, has upset the unions further.

One of the biggest union Amicus said it was angry to hear of yet more British jobs being lost at the hands of offshoring. ''If this is true, this is a further blow for the UK finance sector, coming hot on the heels of the Norwich Union announcement,'' said Amicus National Officer (finance) Dave Fleming.

Fleming said it was evident that offshoring was again in a heightened phase, although a number of companies were bringing their offshored functions back to the UK. He added that Amicus would not accept any compulsory job cuts in the UK.

UNI

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