Outsource deal leads to job cuts
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Life funds manager Resolution plc warns of job cuts following a major outsourcing agreement with Capita.
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WASHINGTON - American firms announced the steepest job cuts in eight months in September and also slashed hiring plans, a survey showed.
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JPMorgan Chase &amp; Co. plans to undo a technology outsourcing deal with International Business Machines Corp., taking back about 4,000 employees and contractors from the computer giant.
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Export revenue of a large number of Indian outsourcing companies was brought under the tax net in the country's federal budget. The tax could be the first of measures by the government to reduce tax benefits for the country's outsourcing industry.
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The company says the lay-offs are part of an ongoing overhaul of its services unit.
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The termination of the $5 billion deal stands in opposition to a trend toward more IT outsourcing.
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Claims the UK is losing large numbers of white-collar jobs through outsourcing is overstated, a report says.
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More than 100 workers in Newton are scheduled to lose their jobs by February amid the purchase of MedSource Technologies Inc. by another medical device contract manufacturer, the new owner acknowledged yesterday.
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Union demands talks over job cut plans Union representatives for Royal Dutch Shell's IT workers demanded talks with the firm's top management yesterday over the outsourcing of up to 3,000 jobs at the oil giant.â¦
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J.P. Morgan Chase & Co. , said on Wednesday it was scrapping a &#36;5 billion outsourcing deal with IBM Corp., amid an overall plan to manage more of its own technology services.
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JP Morgan Chase &amp; Co. (JPM.N: Quote, Profile, Research) , said on Wednesday it was scrapping a $5 billion outsourcing deal with IBM Corp.
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The VoIP deal is the type of technology outsourcing and service agreement that has become an increasingly large and profitable part of IBM&#39;s overall business and the sort of development that
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NEW YORK - IBM Corp. lost one of its highest-profile outsourced-IT clients on Wednesday, as JPMorgan Chase & Co. said it is canceling the remaining portion of a contract that was intended as a seven-year, $5 billion deal.
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IT services giants will come under pressure from outsourcing alliances, as companies team up to beat the big guns.
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Democrats in this pivotal battleground state told John Kerry yesterday to end the outsourcing of jobs to foreign countries that has been made possible under international free trade laws.
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IBM said Wednesday that it has sewn up outsourcing deals with two Danish companies valued at more than $1 billion over 10 years, reinforcing its strength in Europe.ADVERTISEMENTWhite Paper: Converged Services Spell ReliefDiscover why technical decision makers are turning to IP telephony and VPNs to increase worker productivity while keeping an eye on the bottom line.
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One of NI's major employers tries to come to terms with the loss of its biggest order - and resulting job cuts.