NAB: 400 IT jobs may go overseas

November 20, 2007, Sydney Morning Herald:

NATIONAL Australia Bank is considering proposals that threaten the jobs of about 400 information technology employees in a program causing angst throughout the bank's 2700-strong IT workforce ...

Internal documents show NAB hired the outsourcing specialist TPI earlier this year to ask IT providers to suggest options for three of its IT units. Infosys, Satyam, IBM and Accenture all submitted proposals, which are now being considered ...

Jobs that could be sent overseas include enterprise information management and software development using SAP, both in the enterprise services technology unit, and the testing of NAB's Australian banking operations. Those units employ about 410 people ...