blog The Sydney Morning Herald has reported that up to 200 technology jobs at Westpac subsidiary St George may be outsourced to IBM. The newspaper reports (we recommend you click through to read the whole article):
“Staff were informed that management had formed the view that the current in-house IT operation at St George no longer fit Westpac’s service delivery model,” said one St George IT staff member who asked not to be named.
Yup. Postponing major IT projects, offshoring jobs within its main operation and now radically changing the successful IT service delivery model at a subsidiary, with its visionary chief information officer stepping down and its major technical lead quitting. It certainly feels like Westpac is shifting into full IT cost-cutting mode. It’s a pity. Perhaps the only person who will be enjoying this is CommBank’s Michael Harte. The CBA’s technology-driven lead is beginning to look unassailable.