Business Services Industry

Union warns MLC jobs bound for India.

Australasian Business Intelligence, April, 2007

Byline: Victoria Young

Apr 17, 2007 (Independent Financial Adviser - ABIX via COMTEX) -- The National Australia Bank (NAB) has commissioned a review of back-office positions within MLC, its wealth management unit. Paul Schroder, of the Finance Sector Union, notes that the review is being undertaken by Genepact, a third-party offshore services provider as part of a more general review of NAB back-office positions. Schroder claims that as many as 60 jobs within MLC's back office are at risk of being shifted to India as a result of the review. However, a NAB spokesperson says that the review is just that, and no plans to move any jobs have been made at this stage.

Publication Date: 9 April 2007

MLC LIMITED

NATIONAL AUSTRALIA BANK LIMITED -...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement