Saturday, May 17, 2008

750 UK Workers Made Redundant By Capital One

750 people are facing the axe as Capital One decides to cut jobs in its UK head office. The office which currently has 1,750 members of staff is located in Nottingham. It has been the US companies headquarters since opening in 1998. It has been announced that the cuts will mostly affect call centre, account servicing and support staff. Most of these positions will be outsourced to India and other countries. Nottingham City council has said that although the cuts are bad news Capital One will still be a big player in Nottingham and that this at least, is a good thing.

Read More...

No comments: