job losses
RSS job lossesCo-op to axe 1,000 jobs in £100m efficiency drive
News CFS said the job losses are "regrettably unavoidable". Co-operative Financial Services (CFS) is to cut 1,000 jobs this year as part of plans to reduce operating costs by £100m by the end of June 2008 but will also boost investment in new technology. [20 Jul 2007]
HMV adopts lean digital business strategy
News The HMV spokeswoman confirmed this would result in job losses in both departments but declined to give any indication of the numbers of staff involved. Music, video and games retailer HMV Group has set out its web 2.0 stall as part of an effort to... [28 Jun 2007]
Cheat Sheet: Chip and PIN
Cheat Sheet But card-not-present fraud now makes up nearly 50 per cent of all card fraud losses and online banking losses rose by 44 per cent. Having said that, Shell and Apacs said the issue was the result of an inside job so this perhaps shouldn't be taken... [13 Jun 2007]
Vodafone gets Hungary for shared services
News The spokesman said there will be no job losses within the company and existing Vodafone staff will shift job roles to focus more on business analysis and decision-making support rather than simple transactions. [11 May 2007]
BT: 'Web services are our future'
News The reorganisation will entail no job losses, according to a BT spokesperson. BT has announced a major internal reorganisation aimed at making it easier for the company to develop and roll out web-based services. [24 Apr 2007]
To outsource or not to outsource?
Comment Outsourcing for many companies has traditionally meant job losses, which made it an extremely hard sell to employees. Anthony Plewes weighs the pros and cons. Network outsourcing is one of the highest growth areas in managed services, according to... [16 Apr 2007]
Workers 'worse off' under private equity
News Unions have been increasingly critical of private equity firms, claiming that much of the cost stripped out of the companies they take over comes in the form of job losses and wage cuts. Workers could be between £84 and £231 a year worse off... [26 Mar 2007]
Barclaycard closes call centre, offshores to India
News An Amicus representative said the union believes it to be "totally inappropriate" for a large and highly profitable employer such as Barclaycard to be announcing closures and job losses. Barclaycard will move some of its operations to India... [07 Mar 2007]
Job losses at Neteller as US law bites
News Neteller said in a statement the job losses were the result of a "reorganisation and restructuring of its operations". A Neteller spokesman said the job losses are a direct result of the recent changes in US online gambling laws. [16 Feb 2007]
3GSM Diary, day 5: Protests and porn
Comment This morning, there was a group demonstrating under banners highlighting job losses at the newly merged Alcatel-Lucent - 12,500 are set to go. It's the last day at the Fira - but you'd be surprised at the number of extra visitors to the centre last... [15 Feb 2007]
Risk Assessment Without Pain
White Paper It establishes expected losses from defined threats based on asset exposures, vulnerabilities, and estimated probabilities of occurrence. Some healthcare professionals dread the task of planning and conducting the HIPAA-required security risk... [13 Feb 2007]
Skandia outsources IT to India
News Tim Mann, customer service and technical director at Skandia, told silicon.com the job losses are scheduled to begin in June of next year. Insurance company Skandia UK has awarded a five-year, $200m deal to outsource the management of its IT... [20 Dec 2006]
Re:Viewing 2006: The year in security
News This year more than any other was marred by a spate of data thefts, losses and fairly meagre surrenders by end users. With increasing amounts of information available and easily searchable online, attacks are becoming even more targeted.also saw an... [14 Dec 2006]
Re:Viewing 2006: The year in outsourcing
News Offshore outsourcing is likely to remain a contentious issue because of the security stings and links with domestic job losses. The absence of any major outsourcing project failures or job loss rows with trade unions in 2006 - which dominated the... [11 Dec 2006]
Somerfield IT handed to India's TCS
News It will result in a number of job losses. Supermarket chain Somerfield has outsourced its IT function to Indian services company TCS in a £30m deal. The move, which will see a mix of onsite and offshore outsourcing, is intended to reduce costs for... [08 Dec 2006]
