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http://www.thisisnorthscotland.co.uk/displ...&folderPk=85697

INSURANCE GIANT PRUDENTIAL SAYS 60 SCOTS JOBS TO BE AXED

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09:00 - 07 March 2006

About 60 people are to lose their jobs at insurance giant Prudential's finance department in Stirling over the next two years.

.....

Prudential, which has its largest UK site at Craigforth on the outskirts of the town, employs about 2,334 people there.

It already has more than 1,000 staff at its operation in Mumbai.

.....

Union chiefs greeted the news with a mixture of sadness and anger. Amicus national officer David Fleming said: "It is becoming increasingly clear that no role or job is safe from offshoring and this despite growing evidence of a crisis in the Indian call centre and back-office industry."

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Outsoucing will only come back to bite them in the ass.

There's increases in

  • staff training
  • communication costs
  • worker inefficiencies
  • cultural and language problems
  • high turnover of staff impacting on productivity
  • salary expectations

The Gartner report I read said as outsourcing costs are so high, it would take two years before any real savings are made (two years being the contract maturity).

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Outsoucing will only come back to bite them in the ass.

Maybe, but it will still be too late for the jobs that have gone in the short term. Not sure about all these reports - others keep on popping up stating that offshoring doesn't lead to job losses, I don't believe that for a minute.

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Outsoucing will only come back to bite them in the ass.

Maybe, but it will still be too late for the jobs that have gone in the short term. Not sure about all these reports - others keep on popping up stating that offshoring doesn't lead to job losses, I don't believe that for a minute.

Yup, for the jobs that have been lost its too late. Offshoring is only sustainable whilst its profitable. There's also a slight problem in that you've linked your business with another countries economy ...

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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