Feeds

ABN AMRO cuts 1,500 jobs

Outsourcers move in

Next gen security for virtualised datacentres

ABN AMRO is slashing its IT headcount from 5,000 to 1,800 after signing a raft of outsourcing deals worth €1.8bn over five years.

The Dutch banking giant has struck deals with Infosys, IBM, Accenture, Tata Consultancy, and Patni.

While the consultants move in, internal IT staff will be moving out. Around 2,000 staff will shift to the services companies, mainly to IBM.However, that still means a total estimated staff reduction of around1,500 the bank confirmed. The original forecast was for 1,200 cuts.

Services companies were falling over themselves this morning to trumpet their just-signed outsourcing deals with ABN AMRO.

IBM seems to have grabbed the biggest chunk of business, revealing it has struck a five year €1.5bn deal to manage infrastructure services for the bank. This will include “the most extensive rollout of IBM’s… Universal Management Infrastructure.”

India’s Infosys announced it had inked a five year outsourcing deal to develop, support and enhance applications for the bank. Infosys says it has also secured the right to ~bit as a top five sevice provider for application development projects” at the bank.®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?