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189 Results from /people, 2008

American Express to cut 7000 jobs; scale back technology spend

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American Express to cut 7000 jobs; scale back technology spend

American Express is to axe 7000 jobs and scale back technology spending and other expenses as it looks to generate $1.8 billion in savings in 2009.

JPMorgan moves to cut IT contractor bills

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JPMorgan moves to cut IT contractor bills

JPMorgan has written to IT contractors demanding they take a 15% pay cut by the end of the month or face termination.

Co-op and Steria offshoring move prompts industrial action threat

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Co-op and Steria offshoring move prompts industrial action threat

French IT services firm Steria is facing the threat of strike action by workers in Northern England over the offshoring of outsourced Co-operative Bank jobs.

CBA to axe staff and IT projects - report

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CBA to axe staff and IT projects - report

Commonwealth Bank of Australia (CBA) is set to axe IT staff and shelve technology projects as part of a A$370 cost cutting programme, according to local press reports.

RBC Dexia to create 260 jobs at new Malaysian hub

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RBC Dexia to create 260 jobs at new Malaysian hub

Custodian RBC Dexia has opened a new operational hub in Malaysia and will create 260 back office and IT jobs at the facility by the end of 2009.

LSE hires headhunters to find Furse successor

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LSE hires headhunters to find Furse successor

The London Stock Exchange has hired a headhunter to find a replacement for chief executive Clara Furse, who has fended off a string of hostile takeovers during her eight year tenure at the LSE helm.

ANZ to shift more jobs offshore after reporting first fall in profit for a decade

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ANZ to shift more jobs offshore after reporting first fall in profit for a decade

ANZ has warned of more job cuts and an expansion of its offshoring programme after reporting its first annual profit fall in 10 years.

Merrill/BoA to cut 'thousands' of IT and operations jobs

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Merrill/BoA to cut 'thousands' of IT and operations jobs

Merrill Lynch CEO John Thain says he expects to see thousands of job cuts in IT, finance, and administration as the company looks for $7 billion in savings from its merger with Bank of America.

HSBC cuts US jobs

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HSBC cuts US jobs

HSBC Bank USA says ongoing efforts to realign its organisation will result in the loss of 232 branch and call centre jobs in New York state.

City banks to slash 62,000 jobs

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City banks to slash 62,000 jobs

With the economic crisis worsening, financial firms in the City of London are set to cut 62,000 staff by the end of next year, taking employment back to levels last seen in 1998, according to a forecast from the Centre for Economics and Business Research (CEBR).

Deutsche Bank to axe 1100 back office jobs; open 400 branches in retail drive

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Deutsche Bank to axe 1100 back office jobs; open 400 branches in retail drive

Deutsche Bank is axing 1100 back office jobs under a restructuring programme that will see the German bank focus on boosting its retail business by opening 400 new branches in its core European markets over the next four years.

Barclays creates over 200 call centre jobs in Liverpool

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Barclays creates over 200 call centre jobs in Liverpool

UK banking group Barclays is creating over 200 jobs with the establishment of a new outbound call centre at its facility in Liverpool.

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