MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, February 2, 2010 TIAA-CREF Plans to Move Some Jobs Abroad TIAA-CREF plans to outsource some back-office processing work to India, company spokeswoman Abby Cohen confirmed to The MFWire. The move will affect less than 100 U.S. jobs. The New York City-based firm has inked an agreement with Mumbai-based Tata Consultancy. "Outsourcing some back-office functions provides for greater efficiency and cost-savings," Cohen said. "Our goal is to effect this transition through normal attrition." Printed from: MFWire.com/story.asp?s=24079 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |