Standard Life axes IT bods

Life insurance giant Standard Life will shed 70 jobs from its IT department in Edinburgh in what it hopes will be a round of "voluntary" layoffs. No other departments are said to be on the chopping block, and the biz said that laying off its techies will somehow allow the company to "enhance how we deliver technology" to …

[El_Fev]

In other words

we are outsourcing to India!

[Anonymous Coward]

Re: In other words

More a case of outsourcing everything else to India. Syntel are/were doing 90% of their development / support already.

[Anonymous Coward]

Standard Life?

Are they still around? I hoped they died a painful death after flogging my endowments to a zombie fund manager and quibbling over the cost of a plumbers estimate over and above the excess of an insurance claim... Never again!

[Darryl]

"enhance how we deliver technology"

In other words, this was a layoff decision made solely by senior level finance managers.

"Every time I walk by, those IT guys are just sitting around playing with computers. The systems obviously run fine without them, so let's get rid of them and save some money!"

[Doctor Syntax]

Time to move the pension fund elsewhere.