Barclays confirmed yesterday that it has begun a review of its Hastings-based factoring operation, which employs 350 people. It said it had made no decisions but admitted outsourcing to India was an option.
UNIFI, Europe's largest specialist finance sector trade union, said Barclays had dealt with the possible outsourcing of jobs from Hastings in "a far better manner" than Lloyds TSB, who are planning to outsource jobs currently filled by UK staff at its Newcastle call centre.
However, Dai Davies, Unifi’s director of communications, said staff would face considerable uncertainty over the coming months. The union regretted Barclays' decision to "jump on the outsourcing bandwagon", he added.
Source: The Telegraph
