Lloyds is about to outsource nearly 2,000 tech jobs to IBM, according to the union representing the bank's workers, in a billion pound deal that will save cash in the long term.
The shape of things to come ?
In a sign that technology spending by American companies is slowly returning-and that the economic recovery is on track-information-technology companies have reported surprisingly upbeat earnings this quarter.
Janie James says she was cool at first when Indian outsourcing giant Infosys Ltd approached her about a job near Atlanta, even though she was unemployed. She didn’t know much about the company, and it seemed a step down from her old vice-president post at Primerica Inc.