UK-based pension firm to outsource jobs to TCS, Diligenta
Pension firm Standard Life announced that they will be downsizing early next year as they prepare to outsource some of their operations to outsourcing giant Tata Consultancy Services (TCS) and its subsidiary Diligenta.
The planned outsourcing of services is set to affect 50 people in the pension firm’s Edinburgh office. The cuts will come in the first quarter of 2023.
The job cuts are part of the company’s plans to “modernize and future proof” their systems and digital infrastructure.
A spokesperson from Standard Life said that this move is “vital” in ensuring that the firm and its people are equipped with the best possible tools and systems to enhance the customer experience.
“By partnering with one of the world’s leading digital transformation organizations, our colleagues will continue to deliver the same excellent customer service that Standard Life is known for and be part of a business dedicated to service advancement and digital innovation.
Standard Life added that they are committed to working with all affected workers “to ensure they have the support necessary to secure their future whether inside or outside of the organisation.”
Pensions operator Standard Life is one of the largest employers in Edinburgh, United Kingdom.It is providing pension services for almost 200 years.
remains one of Edinburgh’s largest private employers and an iconic feature of the city – providing pension services for almost 200 years.
