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Scottish Widows ANnounces 94 More Jobs Going To India
[14 Feb 2007]
Scottish Widows Senior Management has announced that it is to press ahead with its Offshoring Plans and move a further 94 roles to sites in India by the end of 2007.
This would bring the total number of Scottish Widows jobs offshored up to 500, though as the Company has admitted to LTU, the final number could still be much higher as approximately 30% of roles could ultimately be suitable for offshoring. It is likely that the first tranche of roles going to India will take place in April.
The Company has reiterated that it has no appetite for transferring roles involving ‘proper’ customer contact offshore. Clearly recognising the disastrous consequences experienced around the group where customer facing work has already been transferred. The company’s current lack of appetite however is no guarantee that ultimately these roles will not be considered.
With staff costs in India one-sixth of those in the UK it is not surprising that work can be done cheaper offshore. But the obvious question is why stop at a few hundred jobs if the savings are that great? Why not move a thousand or more? The reality is that the savings to the Company from exporting only a few hundred jobs is a drop in the ocean and we believe this process will continue unless stopped.
LTU is campaigning for Lloyds TSB jobs to be kept in the UK.
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