ANZ National profits from shipping nearly 250 jobs to India

Finsec said this week that ANZ National was a bad corporate citizen and was harming our economy after announcements that it was cutting 238 jobs in its major processing centres in Auckland and Wellington.

“ANZ National can easily afford to employ a New Zealand workforce. We believe the bank is placing the greedy goal of its owner ANZ Australia of doubling profits within 5 years above the interests of workers and our economy,” said Finsec Campaigns Director Andrew Campbell.

Campbell said the bank was sending jobs to India where they can be done 75% cheaper and that they should be using their billion dollar profits to help the country through the recession.

The offshoring attracted a lot of national and international media coverage which can be seen at the links below:

http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10521981

http://tvnz.co.nz/view/page/536641/1912632

http://www.ptinews.com/pti%5Cptisite.nsf/0/215337A6E728FE536525748800198654?OpenDocument

http://sify.com/finance/fullstory.php?id=14717050

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