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Veil lifted from Job Exports Plans…
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Date: 20th Sep 2003
The Bank confirms that 1500 jobs will be transferred to India by the end of 2004 with the prospect of many more to follow.
As predicted by LTU the Bank has decided to go ahead with the export of jobs to India on the basis of its initial pilot scheme in Bangalore.
The following operations are likely to be affected:
• Group Operations
• Telephony
• General Insurance
• Scottish Widows
• Cheltenham & Gloucester
The Bank’s Senior Management has refused to give any guarantees on the question of compulsory redundancies and merely say that compulsory redundancy will only be used as a last resort.
In the meantime the Union is stepping up its campaign to reverse the Bank’s plans in response to the very real concerns and demands of both staff and customers.
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