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October 2002, Week 3

HP3000-L@RAVEN.UTC.EDU

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From:
"Wayne R. Boyer" <[log in to unmask]>
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Date:
Mon, 21 Oct 2002 19:13:30 EDT
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As reported tomorrow(?!) by INSIDEHP... for those of you who don't get this
e-pub...

need I post my opinion about this?

    I N S I D E H P--Tuesday, Oct. 22, 2002

> Insult to injury: The Reading (England) Chronicle reports that 40 accounting
> employees and 15 IT workers at the former Compaq office who's jobs are
> moving to Bangalore, India, are furious-but not just because they are out
> of work. The employees claim they have been promised bonuses if they stay
> on to train the Indian workers who will replace them, for much lower wages.
> HP said in a statement to the newspaper that 20 employees were affected.
> The company added: read: "For the past two years, HP has concentrated its
> internal financial services into three Global Business Centers, located in
> India, Mexico and Spain. As a result of the merger with Compaq, this
> program is being extended to include Compaq's internal accounting
> operations. In the UK, approximately 20 employees might be impacted by this
> integration process and have been notified of the proposal. HP can confirm
> that the proposal involves the functions of these individuals being taken
> over by the Global Business Center based in Bangalore. This transition
> would take place during the next three months."
>

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