×

Jobs Outsourcing

  • Jan 19- Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The divestiture would undo much of Aon's 2010 acquisition of human resources services provider Hewitt Associates Inc for $4.9 billion,...

  • FRANKFURT, Jan 18- A wave of deals in the wind power industry, waiting to gauge the impact of Donald Trump's election and Brexit, has highlighted opposing strategies in the production of the most complicated and sensitive turbine components: blades. This conflicts with outsourcing strategies at rivals including Denmark's Vestas, China's Goldwind and Spain's...

  • Wadhwa: Trump H1B plans will shift balance in favor of Silicon Valle

    Vivek Wadhwa, Carnegie Mellon professor of engineering, weighs in on Donald Trump's plans to revamp the current H1B visa program. Also discussing 2017 as "the year of the bot."

  • Trump & tech's H-1B visas

    CNBC's Aditi Roy reports on the future of H1B visas under a Trump administration.

  • *Tata Group remains embroiled in legal battle with Mistry. Chandrasekaran, 53, currently chief executive of IT outsourcing giant Tata Consultancy Services, India's most-valuable company with a market capitalisation of $67 billion, will take over as Tata Sons executive chairman on Feb. 21, according to a company statement. Tata Sons, the holding company in a...

  • MUMBAI, Jan 12- India's $100 billion salt-to-software conglomerate Tata Sons is likely to name a new chairman on Thursday, local media reported, with two television stations saying its software services unit's boss N. Chandrasekaran was poised to take the helm. Tata Sons, the holding company of the Tata Group- a business empire ranging from Jaguar Land Rover and...

  • NEW YORK/ SAN FRANCISCO, Jan 12- President-elect Donald Trump's transition team has been actively considering ways to revamp a temporary visa program used to bring foreign workers to the United States to fill high-skilled jobs, according to sources familiar with the discussions. Possibilities for reforming the distribution of H-1B visas, which are used...

  • MILAN/ PARIS, Jan 9- Alitalia and its shareholders presented their latest business plan to Italy's government on Monday, paving the way for crunch talks with unions over up to 2,000 job cuts that could decide the future of the struggling carrier. Italy's flag carrier approved on Dec. 22 a short-term financing deal and a new strategy, including job cuts, that allowed...

  • Chinese workers in the Foxconn factory in China's Guangdong province, on May 27, 2010.

    A hidden bounty of benefits for Foxconn’s plant in Zhengzhou is central to the production of Apple’s most profitable product. NYT reports.

  • Air Force One sits ready for boarding on the tarmac at Joint Base Andrews in Maryland U.S. December 6, 2016, the same morning that U.S. President-elect Donald Trump urged the government to cancel purchase of Boeing's new Air Force One plane saying it was "ridiculous" and too expensive.

    U.S. President-elect Donald Trump extracted a promise from Boeing's CEO that the cost of replacing Air Force One would not exceed $4 billion.

  • President-elect Donald Trump extracted a promise from Boeing Co's chief executive on Wednesday that the cost of replacing Air Force One would not exceed $4 billion, his latest move to use the bully pulpit to pressure companies to help advance his economic agenda. It's a program that's very, very expensive, "Trump told reporters after meeting with the CEOs and a...

  • PALM BEACH, Fla., Dec 21- U.S. The Republican met with Dennis Muilenburg of Boeing Co and Marillyn Hewson of Lockheed Martin Corp at Trump's Mar-a-Lago resort in Palm Beach, Florida, where he is spending Christmas. It's a program that's very, very expensive, "Trump told reporters after meeting with the CEOs and a dozen Pentagon officials involved with defense...

  • PALM BEACH, Fla., Dec 21- U.S. The Republican met with Dennis Muilenburg of Boeing Co and Marillyn Hewson from Lockheed Martin Corp at Trump's Mar-a-Lago resort, where he is spending Christmas. On Wednesday, he also named economist Peter Navarro, a China hawk, to head up his White House team on industrial policy.

  • President-elect Donald Trump was scheduled to meet on Wednesday at his Florida resort with the chief executives of two defense contractors he has criticized over project costs. Muilenburg had told Trump that the costs could be lowered if the Air Force changes its requirements. The costs of the F-35s, used by the U.S. Marine Corps and Air Force, and by six...

  • *Outsourcing deal for India eyed in current quarter. WATERLOO, Ontario, Dec 20- BlackBerry Ltd, helped by its higher-margin software business, reported better-than-expected adjusted earnings and raised its full-year growth forecast on Tuesday, though concerns about overall revenue growth reversed early share gains. BlackBerry Chief Executive John Chen...

  • *Outsourcing deal for India eyed in current quarter. WATERLOO, Ontario, Dec 20- BlackBerry Ltd, helped by its higher-margin software business, reported better-than-expected adjusted earnings and raised its full-year growth forecast on Tuesday, though concerns about overall revenue growth kept the company's shares in check. BlackBerry Chief Executive John...

  • EDINBURGH, Dec 8- Outsourcing group Capita announced the sale of its asset management services arm alongside a second profit warning in three months on Thursday, exposing flaws in its strategy made worse by the Brexit vote and sending its share price crashing. That in turn was a result of a slowdown in new orders coming through as new customers hesitate to commit...

  • *Cuts 2016 profit forecast for second time in three months. *Outlook next year still tough. EDINBURGH, Dec 8- British outsourcer Capita said it would sell assets and trim costs in a bid to protect its balance sheet after Brexit-related client indecision prompted it to cut its profit forecast for the second time in three months.

  • YANGON/ WASHINGTON, Nov 29- From a remote corner of northeastern Myanmar, an insurgent army sells tin ore to suppliers of some of the world's largest consumer companies. More than 500 companies, including leading brands such as smartphone maker Apple, coffee giant Starbucks and luxury jeweller Tiffany& Co, list among their suppliers Chinese-controlled firms...

  • LONDON, Dec 1- Britain's Serco reiterated its forecasts for the rest of this year and next, avoiding the turmoil hitting the wider outsourcing sector, helped by a long-term turnaround programme. The whole outsourcing sector has been hit in recent months by warnings from Capita and Mitie which both reported that trading had slowed due to client indecision...