More jobs going East

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ZZZZ Snoozer replied

16 March 2007, 13:17
Originally posted by DimPrawn

http://news.bbc.co.uk/1/hi/business/6452959.stm

Prudential says 3,000 of its staff will be affected after it raised its UK cost-cutting target to £195m ($375m) from £115m.

The savings will come from internal cost-savings as well as the offshoring and outsourcing of more jobs.

Prudential will focus on areas such as annuities and is buying Equitable Life's with-profits annuity portfolio.

The Pru's life and pensions business employs about 6,000 people, including 2,400 in Stirling and 1,900 in Reading.

"We are looking at the work of 3,000 people and the importance of the work of those 3,000 people we have yet to determine," said Nick Prettejohn, chief executive of Prudential UK.

"Whether our cost savings come from more offshoring or more outsourcing we have yet to determine."

jobs

Prudential are advertising for a Principle (sic) Analyst Programmer in Stirling on s1jobs. In an apparently irony-free ad, there is a picture of what appears to be a young Indian woman (not Shilpa Shetty).
Leave a comment:
DimPrawn replied

16 March 2007, 10:48
It makes no odds what happens. Job losses, nuclear war, the complete destruction of the universe. One thing holds constant. House prices in the UK will rise. Buy one today.
Leave a comment:
bobhope replied

16 March 2007, 09:02
And this supports your house prices always increase how?
Leave a comment:
DimPrawn started a topic More jobs going East

15 March 2007, 17:51
More jobs going East

http://news.bbc.co.uk/1/hi/business/6452959.stm

Prudential says 3,000 of its staff will be affected after it raised its UK cost-cutting target to £195m ($375m) from £115m.

The savings will come from internal cost-savings as well as the offshoring and outsourcing of more jobs.

Prudential will focus on areas such as annuities and is buying Equitable Life's with-profits annuity portfolio.

The Pru's life and pensions business employs about 6,000 people, including 2,400 in Stirling and 1,900 in Reading.

"We are looking at the work of 3,000 people and the importance of the work of those 3,000 people we have yet to determine," said Nick Prettejohn, chief executive of Prudential UK.

"Whether our cost savings come from more offshoring or more outsourcing we have yet to determine."

jobs
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