Royal &amp; Sun moves 1,100 jobs to India
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Royal &amp; Sun Alliance, the UK&#39;s second biggest insurer, today incurred the wrath of unions by announcing plans to move more than 1,000 jobs to India.
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India has reaped the benefits of foreign companies switching jobs and resources to the country over the last five years.
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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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A Belfast-based software firm is creating 100 new jobs as a result of its expanding customer base.
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New Dell R&D facility in Bangalore can house up to 1000 employees.
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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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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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News International, the publisher of the Sun, Times and News of the World newspapers, is to relocate its print works from Wapping to Enfield in north London.
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LONDON : 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.
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Peninsular &amp; Oriental Steam Navigation Co., the UK&#39;s largest ferry and ports operator, will trim its ferries fleet and cut 1,200 jobs, or a fifth of the unit&#39;s workforce, to stem losses.
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London, September 22: Britain&#39;s leading insurance company Aviva on Wednesday announced plans to shift another 760 jobs to India, in addition to the 3,700 jobs already created in the country.
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Motorola, the world&#39;s second largest mobile phone maker, is cutting 1,000 jobs although its core cellphone business will be unaffected.
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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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Indian subsidiary has grown from around 300 staff early last year to about 2,000 today, and serves over 100 customers around the world.
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Telecoms equipment maker Motorola said that it is cutting 1,000 positions globally as it completes the spin-off of its former chip unit, now known as Freescale Semiconductor.
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One of the country&#39;s biggest insurance firms today announced plans to transfer more than 1,100 jobs to India over the next few years, sparking fears of a &quot;crisis&quot; in the UK.
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One of the country&#39;s biggest insurance firms, Royal &amp; SunAlliance, is to transfer more than 1,000 jobs to Bangalore in India.