Ernst & Young outsources to India

Global consultancy giant Ernst & Young (EY) is planning to outsource hundreds of IT jobs to India in its latest wave of outsourcing. The fresh wave of outsourcing could slash its UK IT team from 600 to less than 100. Reports said EY has decided to work with India-based Tata Consultancy Services (TCS) to deliver its application support. According to one insider, almost all the roles in the 300-strong in-house app support and developer team have been earmarked for offshoring. The team spans EMEA and the US, and works with IBM, SAP, and Microsoft to deliver tax, audit, and fraud investigation tools for EY globally.