Norwich Union moves 950 jobs to Far East
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Insurance giant Norwich Union has announced plans to move its business to India in a move which will lead to compulsory redundancies in Britain.
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One hundred and twenty jobs are being created at a call centre near Newport, it has been announced.
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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.
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LONDON, October 11  - Royal &amp; Sun Alliance (SUA1.ETR) plans to shift more than 1,100 UK-based jobs, or about 10% of its total workforce in the UK, to India over the next two years.
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More than half the new jobs created by Labour have gone to foreign workers, government figures reveal.
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About 1.1 million Norwich Union with-profit policyholders will share a bonus of Â£2.1bn, as shareholders get Â£230m.
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Britain&#39;s largest insurer Aviva says it will move 950 jobs to low cost centres in India and Sri Lanka in 2005 and it plans to have up to 7,000 people working in offshore centres by the end of 2007.
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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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British insurance giant Aviva announced plans to export 950 more jobs to India and Sri Lanka next year, with a total of 7,000 staff expected to be offshored by the end of 2007.
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NEW YORK -- Job cuts soared last month, topping the 100,000 mark for the first time since last January.
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A major restructuring by the owner of insurance company Norwich Union will see 100 jobs going in Belfast.
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NEWS International is to move printing operations from Wapping to Liverpool and Glasgow as part of plans to invest more than Â£600 million in new plants.
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A Kilkeel company secures a multi-million dollar contract and the promise of at least 100 new jobs for the area.
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LONDON  - British insurer Royal &amp; SunAlliance said Monday it plans to transfer more than 1,100 jobs to India over the next few years in a bid to cut costs.
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AVIVA, owner of Norwich Union and Britainâs largest insurer, plans to make around 150 people in the UK redundant next year as it increases its offshoring capacity by creating 950 jobs in India and Sri Lanka.
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The company said online business has affected operations Insurance company Norwich Union has announced plans to shed about 450 jobs in Scotland as part of a 4,000 reduction in the UK.
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The state of Virginia and Fairfax County each pledged &#36;600,000 to entice International Business Machines Corp. to bring 1,250 high-paying new government contracting jobs to Fairfax.