It seems RBS has well and truly caught the offshoring bug. I remember talking to representatives a couple of years ago who were proud to say RBS had a policy not to offshore IT.
According to reports the bank has now decided to send another 500 jobs to india as part of a reduction of 2600 roles.
Since the bank was bailed out in October 2008 it has cut over 22,000 jobs, many IT.
I had an interesting conversation with an IT professional in February about RBS. He used to work at RBS so I asked him whether he thought the bank's current financial woes would lead to more offshoring. RBS which is over 80% owned by taxpayers lost £3.6bn in the last year.
He told me that the bank is gradually sending more jobs overseas to RBS India.
According to reports the bank has now decided to send another 500 jobs to india as part of a reduction of 2600 roles.
Since the bank was bailed out in October 2008 it has cut over 22,000 jobs, many IT.
I had an interesting conversation with an IT professional in February about RBS. He used to work at RBS so I asked him whether he thought the bank's current financial woes would lead to more offshoring. RBS which is over 80% owned by taxpayers lost £3.6bn in the last year.
He told me that the bank is gradually sending more jobs overseas to RBS India.
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