About 2000 IT staff at Lloyds Banking Group will transfer to IBM as part of a seven year IT outsourcing deal
Lloyds Banking Group will transfer nearly 2,000 jobs to IBM as part of an outsourcing agreement worth £1.3bn over seven years, according to the union representing thousands of the bank’s staff.
According to the Lloyds Trade Union (LTU), which is no longer recognised by the bank, Lloyds CIO Morteza Mahjour gave a presentation and said jobs in UK datacentres will move to the US IT supplier. When contacted by Computer Weekly, the bank would not comment directly but said it is looking to extend the use of cloud computing.
”In a recent presentation, Morteza Mahjour, CIO, confirmed that Lloyds Banking Group will outsource large parts of its IT estate to IBM in a deal worth £1.
