Reply to: Williams & Glyn scrapped

[cojak]

Quelle surprise..

Setback for RBS in sale of 315 branches - BBC News

[Mordac]

Yes. I just thank my lucky stars that my skills are valued across Europe.

Yes, there's currently a European-wide shortage of snivelling, whining, clueless feckwits (except for Brussels, of course, which is pretty well stocked) so we plan to export you and help our trade deficit to the tune of whatever the minimum wage is in Slovenia.

Bugger, I just threw the troll a chicken nugget, didn't I...

[DimPrawn]

Contractors wages fall = more competitive UK.
It's all good news.

Lots of reposessed houses for you to snap up at bargain prices.

[Scruff]

I'm waiting for The Sword of Damocles to come down upon my Banking neck, soon. Big Blue shedding Arch. soon I fear?

[CretinWatcher]

Contractors wages fall = more competitive UK.
It's all good news.

[blackeye]

1800 new contractors crowding the market.. 6000 inc perms are likely to be let go, as they were on a separate payroll.

[cmscotland]

It does seem the TSB approach of staying put on LBG IT made life easier initially for TSB but their new owner Banco Sabadell is now migrating them across to their own system, while I don't expect that to be as arduous or difficult as the W&G split seems to have been its not likely to be completely straightforward. It seems par for the course though for all of the recent bank migrations, never as easy as it seems on paper!

Heard from a few former colleagues who are still in W&G, seems most of them are getting given their notice next week, lot of extra people back on the market and certainly in Edinburgh there doesn't seem to be a huge amount going just now for them to go to.

[eek]

The problem specifically with project failbow was (is?) not the people employed by the bank to do the job or the rates (they were actually not bad). No, the problem was RBS itself and its incompetent management who, rather than wanting to create a new bank with new tech and processes wanted to create a smaller, carbon copy of RBS Retail.

I don't need to explain why this is a problem.

By contrast TSB (as I understand it) went for a clean sheet of paper.

Moving on, its fairly clear to me that what we are going to end up with at RBS is 20,000 indian staff looking after all the mobile and internet banking and a small clique of management in London and Edinburgh with very little in between. The question is, how long will the transition take.

It's a shame that they actually tried to do anything. TCS has a working bank management package already available. They really should have just bought that, cut out the middleman and made a fortune as delivery deadlines were missed

[shaunbhoy]

But it's good news for contractors: UK labour market enters 'freefall' after Brexit vote, REC says | Reuters

Green said it was important not jump to conclusions from a single month's data.

"The truth is we don't know what long-term consequences the referendum result will have on UK jobs," Green said, pointing out that political stability and Bank of England action might bolster confidence in the labour market.

[darmstadt]

Wow, That will put thousands of contractors on the bench !!!

But it's good news for contractors: UK labour market enters 'freefall' after Brexit vote, REC says | Reuters

The survey suggested businesses were focusing more on hiring short-term staff because of the uncertainty.

[Bluenose]

Maybe if they didn't use as many offshore suppliers and paid decent contract rates they would get people capable of delivering. Possibly the worst rates I have seen.

The problem specifically with project failbow was (is?) not the people employed by the bank to do the job or the rates (they were actually not bad). No, the problem was RBS itself and its incompetent management who, rather than wanting to create a new bank with new tech and processes wanted to create a smaller, carbon copy of RBS Retail.

I don't need to explain why this is a problem.

By contrast TSB (as I understand it) went for a clean sheet of paper.

Moving on, its fairly clear to me that what we are going to end up with at RBS is 20,000 indian staff looking after all the mobile and internet banking and a small clique of management in London and Edinburgh with very little in between. The question is, how long will the transition take.

[GB9]

I am going on holiday next week.... expect me to hit 50k posts before it's over

I'll log back in then. Have a good one.

[AtW]

You've been let out again. I thought we had respite all week but looks like you got early release.

I am going on holiday next week.... expect me to hit 50k posts before it's over

[GB9]

Cretinhead, Old Git, and Tw*t. Have you been sitting in a room smoking something?

I don't think I've seen so much garbage in one place as you have managed between you this afternoon. It's like 3 witches sitting around a pot in the middle of a refuse tip mumbling gibberish to each other.

Let us know if you have something meaningful to say. Not holding my breath though.

[DimPrawn]

Now what the feck are you bleating on about this time? Have you ever worked with a bank? Do you know how they make money? Try and give us some coherent idea of what the hell it is you are trying to say and we might explain why you're wrong again.

Good luck with that one.