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Final Thought: One million jobs lost by public sector cutsOutsourcing, Public Sector, PwC According to recent research by PwC, almost one million UK jobs will be lost by government public spending cuts. The total job losses amount to around 3.4% of total employment in the UK and around 943,000 jobs in absolute terms in the next three years. In Northern Ireland, which is already struggling to recover from economic troubles, the predicted percentage of job losses jumps to around 5.2% – around 36,000 jobs. In London and the South East 3.1 per cent of jobs will be lost – but this equates to a much larger cull of 230,000 jobs due to the larger size of their economies. Scotland might see job losses of around 95,000 and Wales around 52,000. It is expected that this will have a positive impact on outsourcing, given that organisations will look to reduce their non-core and fixed cost operations by increasing the use of private and voluntary sector organisations for the delivery of front-line services. Proservartner predict that the impact will be on onshore outsourcing arrangements with providers asked to focus on keeping jobs and services in the local borough within the UK For more articles like these: www.Proservartner.co.uk Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHORRakesh is a strategic advisor, solution architect and implementer of transitions and transformations. With a specialism in BPO, Shared Services and Offshoring, Rakesh has worked with CFOs, FDs and senior client executives in the private sector (including at Ernst & Young, Pitney Bowes, Orange, Barclays and RBS) and the public sector in improving efficiency, effectiveness, cycle times and profitability.
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