Lloyds TSB will outsource another 1000 jobs to India by the end...
Lloyds TSB will outsource another 1000 jobs to India by the end of 2005.
It said that by the end of 2004, staff numbers at its two sites in Bangalore and Mumbai will reach 1,500, before climbing to 2,500 by the end of 2005.
The work done in India includes back office work from the company's headquarters and from Cheltenham & Gloucester.
But the new roles will include general insurance and IT functions.
Lloyds TSB said it would offer any employees affected by the changes alternative employment within the group.