13th March 2017 Church News.
Lloyds Banking Group will outsource up to 1,900 jobs and large parts of its IT estate to IBM in a deal worth £1.3 billion over seven years, according to a Lloyds Trade Union (LTU) newsletter sent to members on Sunday. The newsletter cites a recent presentation from Morteza Majour, chief information officer at Lloyds, which set out cost-saving initiatives from the banking group.
