1,200 jobs to go at Royal
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Royal &amp; SunAlliance announced up to 1,200 job losses today with the transfer of customer service and back office roles to India over the next two years.
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A SUPERMARKET chain today announced plans to open 70 new stores in south Wales, creating 1,700 jobs.
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Insurer Royal and Sun Alliance became the latest high-profile British firm to announce a mass transfer of jobs to India, saying it plans to move 1,100 positions there by 2006, saving the group 10 million pounds annually (14.5 million euros, 18.0 million dollars).
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By Paul Monies, The Daily Oklahoman  Dec. 8--Five manufacturers across the state plan to add more than 1,000 jobs in the next 10 years as they qualified for the state's Quality Jobs program, the Commerce Department said Thursday.
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The shift would in all probability save the company more than 10 million pounds a year. The jobs would range from front and back office functions, including call centre posts.
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Bombardier Inc. (BBDb.TO: Quote, Profile, Research) plans to cut 2,200 more jobs at its train-making unit and further trim the production rate for its 50-seat regional
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London, Oct. 11: Britainâs second-largest general insurance group, Royal &amp; Sun Alliance, is to save Â£10 million a year by outsourcing 1,100 jobs in call centres, administration and processing to India over the next two years.
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Report: Retailer could terminate as many as 1,200 positions stemming from stores sold to Home Depot.
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Lloyds TSB is moving another 1,000 jobs to India, increasing its workforce in Bangalore and Mumbai to 2,500 by the end of next year.
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Asda, the British supermarket unit of Wal-Mart Stores Inc , said on Wednesday it would create 8,000 jobs in the UK this year and build a minimum of 18 new stores.
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International Business Machines Corp. plans to open a new office in Fairfax County that will create 1,200 government contracting jobs in the county, according to sources familiar with the deal.
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Nissan is to produce a new car at its plant in the North East, which it says will help to safeguard 1,000 jobs.
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Banking group Lloyds TSB said Tuesday it will transfer about 1,000 British jobs to India by the end of next year.
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Rolls Royce is planning to slash more than two thousand jobs worldwide, including many in the UK
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Staff at Lazard, the 150-year-old investment bank that is preparing a $3bn (Â£1.53bn) flotation in New York next year, will be forced to sacrifice about $200m in pay
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Insurer Royal &amp; Sun Alliance will move 1,100 UK jobs to India to cut costs, becoming the latest financial company to shift a large number of staff to Asia where labour is cheaper.
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High Street bank Lloyds TSB says it plans to create up to 1,000 new jobs in India, many of which will replace UK posts.