• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Jobs at risk in Prudential revamp

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Jobs at risk in Prudential revamp

    http://news.bbc.co.uk/1/hi/business/4945732.stm

    "Prudential has said it is to close its offices in Belfast, Bristol and London, where 700 workers are employed.

    The work will be transferred to other sites, including India, the insurance firm said. "


    I don't understand, inflation is low, everyone's making money out of property, job creation is fantastic, taxes are low, so many positions we import labour, the NHS running like clockwork...

    #2
    It's to allow the 700 workers there to move up the value chain.

    Instead of doing simple tasks in finance and IT, they are freed to become brain surgeons, astronauts, theoretical physicists (and for the really gifted ones), members of parliament.

    So it's a good thing and everybody wins.

    Comment


      #3
      Originally posted by NoddY
      http://news.bbc.co.uk/1/hi/business/4945732.stm

      "Prudential has said it is to close its offices in Belfast, Bristol and London, where 700 workers are employed.

      The work will be transferred to other sites, including India, the insurance firm said. "


      I don't understand, inflation is low, everyone's making money out of property, job creation is fantastic, taxes are low, so many positions we import labour, the NHS running like clockwork...
      At least the proposed merger between Prudential and Norwich Union (AVIVA) is not going to happen (well not just yet!). If it did everything will be India or Norwich bound and there would be NO IT left.

      Comment


        #4
        Originally posted by Hart-floot
        If it did everything will be India or Norwich bound
        Nowt wrong with Norwich. It's a beautiful city. Out of the way, but far from the rat race. Plus more pubs than you can shake a stick at, most selling proper beer rather than that watered down Australian sh*te.
        Listen to my last album on Spotify

        Comment


          #5
          Are you all socialists? If a private company decides to move jobs somewhere else, what's it got to do with you?
          Hard Brexit now!
          #prayfornodeal

          Comment


            #6
            Originally posted by Cowboy Bob
            Nowt wrong with Norwich. It's a beautiful city. Out of the way, but far from the rat race. Plus more pubs than you can shake a stick at, most selling proper beer rather than that watered down Australian sh*te.
            Werking there at the moment... must agree it is a rather pleasant place, shame it's stuck out in the middle of nowhere.

            Evidence of Viking raping everywhere

            Comment


              #7
              Originally posted by Gold Dalek
              Werking there at the moment
              Of course you are. Norfolk is the only place flat enough for Daleks to get about.

              Comment


                #8
                Originally posted by sasguru
                Are you all socialists? If a private company decides to move jobs somewhere else, what's it got to do with you?

                Any excuse for a moan.

                Comment


                  #9
                  Originally posted by Cowboy Bob
                  Nowt wrong with Norwich. It's a beautiful city. Out of the way, but far from the rat race. Plus more pubs than you can shake a stick at, most selling proper beer rather than that watered down Australian sh*te.
                  Ah, but Aviva is shifting work to India and has Tata Consulting gradually taking over....

                  Used to work for Norwich Union (just as they became Aviva - which also happens to be the name of a charity shop just round the corner from their HQ!) and was chatting to a couple of Architects from there last night ... theyve been off to Mumbai quite a few times lately....

                  Norwich is a nice place but full of chavs.... Riverside is tacky (but you'll definitely get laid)... Prince of Wales road on a weekend night is great if you like watching drunk girls swearing and starting fights... nicer places are out of the way like Reedham Ferry on a summers day....
                  Vieze Oude Man

                  Comment


                    #10
                    Originally posted by mcquiggd
                    Ah, but Aviva is shifting work to India and has Tata Consulting gradually taking over....

                    Used to work for Norwich Union (just as they became Aviva - which also happens to be the name of a charity shop just round the corner from their HQ!) and was chatting to a couple of Architects from there last night ... theyve been off to Mumbai quite a few times lately........

                    This was my point too.
                    If the Pru decide to move much off the "low value" back office & IT work offshore thats fair enough. Presumably those jobs higher up the food chain would remain in the country.
                    Rightly, the Pru rejected Norwich Union's (AVIVA) offer to merge a few weeks ago , though i suspect that "offer" has not gone away. If there was a merger with NU you can kiss goodbye to all the "value added" jobs too.

                    My experience of NU mergers (yes i was one of their victims in the past) is that they close down everything that is not Norwich based regardless. The PRU's IT is largely London & Reading based, these would be the first offices to get the chop. Ironically if the PRU merged or was taken over by a foreign competitor most of these value-added jobs would remain in the country.

                    Comment

                    Working...
                    X