Big bank moves jobs to India


	Big bank moves jobs to India

masbury

3-10-2009 12:41 AM

235 views

tags:

banks, outsourcing, bailout

masbury says:

JP Morgan, which bought Bear Stearns and WaMu.

1 Comment |

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3-11-2009 10:11 PM

Kreuzberg-Jakob

they can take your money from India as well as from USA ...

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0fcc67e4-8a6a-4957-b661-925211bff677/48DA16BA-B0F8-4B80-8C53-821F3425A658/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://crooksandliars.com/susie-madrak/jp-morgan-increase-it-outsourcing-ind" href="http://crooksandliars.com/susie-madrak/jp-morgan-increase-it-outsourcing-ind" style="font-size: 11px;">crooksandliars.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://crooksandliars.com/susie-madrak/jp-morgan-increase-it-outsourcing-ind"><H2 class="entry-title"><A title="J.P. Morgan To Up India IT Outsourcing By 25%" href="http://crooksandliars.com/susie-madrak/jp-morgan-increase-it-outsourcing-ind">J.P. Morgan To Up India IT Outsourcing By 25%</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://crooksandliars.com/susie-madrak/jp-morgan-increase-it-outsourcing-ind"><P>Remember a couple of decades ago, when they told us if we all re-trained for IT jobs, we'd always have jobs? [insert ironic laugh here...] And just to add insult to injury, exactly how much of <STRONG>our</STRONG> bailout money are they using <A href="http://economictimes.indiatimes.com/Infotech/ITeS/JPMorgan-to-up-outsourcing-to-India-by-25/articleshow/4242704.cms">to make our jobs go away</A>?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://crooksandliars.com/susie-madrak/jp-morgan-increase-it-outsourcing-ind"><P>BANGALORE: The second-biggest bank of the US, JP Morgan Chase, which acquired Washington Mutual and Bear Stearns recently, <STRONG>will increase its outsourcing to India by 25% this year to nearly $400 million. It will also manage the integration of the acquired companies from India to bring down the cost of integrating different information technology (IT) systems.</STRONG></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/48DA16BA-B0F8-4B80-8C53-821F3425A658/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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