National Grid has announced plans to outsource financial and human resource support to Tata Consultancy Services. It is said that the move will effect about 300 employees.
Following a review of the National Grid's shared services late last year,the organisation proposed transferring some services to TCS. It also then stated that an office in Newcastle was likely to close and that arout 300 people would have to look for new positions within the company.
The National Grid have said that the TCS has been chosen because it has the 'right track record and quality of services and solutions', as well as displaying strategic and partner compatibility. Not only this but the Grid has said that the move is also extremely cost effective.
TCS has been providing IT services to National Grid for 15 years and the National Grid's finance director, Steve Lucas said, "This is much more than 'just' a technology solution. TCS showed a very strong understanding of our requirements and needs and this was crucial to us."
In reference to the affected workers, Steve Noonan, director of UK Shared Services at National Grid, stated: "We recognise that these are sensitive and difficult times for those employees affected by the result of the review.
"However, National Grid has a great track record in looking after its employees through change. We strongly encourage staff to take up positions elsewhere in the company and to investigate retraining for other available roles.
"And for those who choose to leave the company, we offer generous severance packages, and we provide outplacement support to help them find alternative work."
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