Lloydds TSB Union lobbying against outsourcing
LTU, trade union representative for more than 45,000 Lloyds TSB staff, has taken a step further in its campaign against outsourcing jobs to India. It has indicated intentions to forward a petition to the banks shareholders during its annual meeting in Glasgow.
Lloyds TSB on the other hand, has assured that pilot offshoring project operations (of which 39 out of the total 1200 are from Lloyds TSB subsidiary Scottish Widows) have proceeded smoothly. This has provided a comfortable measure of assurance for it to push through with plans to increase by 2500 the number of jobs to be outsourced to India by year-end.
The trade union had hit the bank’s transfer of jobs overseas coinciding with the growth of UK earnings – a move they considered “making profits without conscience”. LTU says it foresees eventual offshoring of as much as 10,000 jobs.
The union’s petition forms part of the campaign to collect over half a million signatures from customers, and claims to be well on its way with more than 400,000 signatures already.
It even goes to point out that Lloyd TSB’s own research itself reveals that its India operations proves to be the biggest cause of customer complaints.
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