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IS and IBM Consulting Deal
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<blockquote data-quote="davesgirl" data-source="post: 310794" data-attributes="member: 8232"><p>friend Y I . . . Jamie Diamond, new CEO of JPM Chase, used IBM to outsource 4,000 Chase IT workers - they were hired as IBM consultants to Chase - for approximately 15 months until it was decided who would remain with Chase. Chase had acquired several banks (Chemical, JPMorgan, BankOne, etc.) and needed to downsize duplicate IT services. Keepers were rehired and the others were aided (out) with financial severance packages and head hunters.</p></blockquote><p></p>
[QUOTE="davesgirl, post: 310794, member: 8232"] friend Y I . . . Jamie Diamond, new CEO of JPM Chase, used IBM to outsource 4,000 Chase IT workers - they were hired as IBM consultants to Chase - for approximately 15 months until it was decided who would remain with Chase. Chase had acquired several banks (Chemical, JPMorgan, BankOne, etc.) and needed to downsize duplicate IT services. Keepers were rehired and the others were aided (out) with financial severance packages and head hunters. [/QUOTE]
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