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ANZ outsources IT jobs to Capgemini

ANZ outsources IT jobs to Capgemini

(6 June 2012 – Australia) ANZ will outsource 110 Melbourne-based information technology jobs to business services group Capgemini by the end of this year. The bank also plans to send 250 permanent staff of ANZ’s Indian processing office in Bangaloire to Capgemini. The bank said Capgemini will supply ANZ with information technology testing services globally.

"As part of ANZ’s 2017 technology roadmap, we need to continue to access increasingly scarce IT skills to deliver major projects and ongoing business requirements,’’ said ANZ chief information officer Anne Weatherston.

ANZ said the deal, subject to regulatory approval and final contract negotiations won’t result in employees losing their jobs as they would be offered comparable jobs with Capgemini.

Earlier this year, ANZ said it would chop 1000 positions to lower costs, while Westpac cut 560 jobs so far this year. Australian banks have been slashing jobs since the start of this year, in order to maintain profits in a time of slowing demand for home loans.

In May, the Australian Prudential Regulatory Authority (APRA) warned banks it would probe plans to outsource jobs which could undermine the stability of the banking system.

Capgemini, a global outsourcing firm, is expected to accelerate the technology used to aid ANZ’s super-regional Asian growth strategy.
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