British bank Barclays will move at least 500–and possibly up to 5,000–call center jobs out of the United Kingdom.<\/p>\n","protected":false},"excerpt":{"rendered":"
Most will be outsourced to India, with South Africa also under consideration, according to media reports. The Evening Standard, a British daily, reported this week that part of Barclays call center operations would go offshore, with up to 5,000 jobs eventually involved.<\/p>\n
However, a Barclays representative denied the report Wednesday and said there were no pans for outsourcing at present. The representative declined to comment on future plans, saying instead that the industry was looking into offshoring and that it was a complex issue. Barclays has said it was in talks with the U.K. banking union, Unifi, about international outsourcing. Barclays recently set up operations in India with 500 staff.<\/p>\n
More and more British companies are turning to outsourcing, although at a slower reported rate than American companies. Recent reports have estimated that less than 15 percent of leading British companies have started outsourcing activities, compared with 35 percent of their American counterparts. It is estimated that the United Kingdom has lost as many as 50,000 jobs to Indian outsourcing in the last two years.<\/p>\n
Security and unemployment fears have been voiced, and the British government has ordered an independent study of the effects of outsourcing. The study begins in January and will last about three months.<\/p>\n
More info: [url=http:\/\/www.eveningstandard.co.uk\/news\/business\/articles\/timid72320]http:\/\/www.eveningstandard.co.uk\/news\/business\/articles\/timid72320[\/url]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-298","post","type-post","status-publish","format-standard","hentry","category-financial"],"_links":{"self":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=298"}],"version-history":[{"count":1,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/298\/revisions"}],"predecessor-version":[{"id":2785,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/298\/revisions\/2785"}],"wp:attachment":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}