Press Esc to close
Saturday 29 April 2017
News updated at 1:24 AM IST

Australian insurer QBE shifts 100 IT jobs to India

Melbourne, Apr 29, 2013, (PTI) : 12:13 IST

Leading Australian insurer QBE has reprotedly shifted 100 IT jobs to India, according to the Finance Sector Union.

"Information Technology workers are the latest casualties in QBE's war on Australian workers, with 100 IT jobs to be scrapped as part of the insurer's aggressive offshoring agenda," said a Finance Sector Union statement released recently.

"QBE has announced that over 100 jobs currently performed in New South Wales, Victoria and Western Australia will now be done by workers based in India," it said.
This latest announcement follows revelations earlier this year that QBE is offshoring 700 insurance jobs, including claims lodgement, management and reinsurance administration, to the Philippines.

The company had informed its staff that it planned to move 100 IT jobs to India, including systems analysts, systems administrators, support staff and about 36 developers.

A further 35 IT workers face a change to their reporting lines or roles.
QBE employed a total of 338 IT workers in NSW, QLD, South Australia, Victoria and Western Australia before the current round of job cuts.

As of February, the company employed about 700 staff in Manila and Bangalore, a media report in an online publication, iTnews, said, adding that the job cut announcements were part of a broader, global operational transformation programme, expected to cut USD 250 million in costs by 2015.

"There are a range of initiatives connected with the transformation programme and we are working with a number of external parties on these," a QBE Australia spokeswoman was qouted as saying.

She added: "We are doing this to improve our service offerings and reduce operating costs to sustainable levels.

"Simplification, standardisation and ongoing operational excellence are essential if we are to remain competitive and if insurance is to be affordable for the community."

Go to Top

Photo Gallery
A lion beats the heat by relaxing under a tree at Dr Shivaram Karnath Biological Park...

A lion beats the heat by relaxing under a tree at Dr Shivaram Karnath Biological Park...

A fan performs 'Abhiske' of a poster of 'Bahubali 2: The Conclusion' at a cinema hall...

A fan performs 'Abhiske' of a poster of 'Bahubali 2: The Conclusion' at a cinema hall...

Salesperson attends to customer, inside a jewellery showroom during Akshaya Tritiya, a major...

Salesperson attends to customer, inside a jewellery showroom during Akshaya Tritiya, a major...

BCCI COA member Vinod Rai and cricket legend Sachin Tendulkar release author Devendra...

BCCI COA member Vinod Rai and cricket legend Sachin Tendulkar release author Devendra...

Activists of Congress party hold placards and raise slogans during a protest against state...

Activists of Congress party hold placards and raise slogans during a protest against state...

Kempegowda International Airport customs seized Gold Biscuits...

Kempegowda International Airport customs seized Gold Biscuits...

Fireworks at Golden temple on the occasion of the Birth Anniversary of the second Guru...

Fireworks at Golden temple on the occasion of the Birth Anniversary of the second Guru...

Bollywood actor Akshay Khanna during the cremation of his father veteran actor Vinod Khanna...

Bollywood actor Akshay Khanna during the cremation of his father veteran actor Vinod Khanna...

A tiger enjoys water bath on a hot summer afternoon at Surat Zoo...

A tiger enjoys water bath on a hot summer afternoon at Surat Zoo...

Senior Wildlife Veterinarian Sharvan Singh Rathore plays with a Lion Cub ‘Kailash’...

Senior Wildlife Veterinarian Sharvan Singh Rathore plays with a Lion Cub ‘Kailash’...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.