January 16th, 2018

Today M&G Prudential announced that they were entering into a new strategic partnership with Tata Consultancy Services (TCS).

We understand the drivers behind the need for business transformation however we are deeply disappointed with a number of the proposals contained within this partnership and have advised the M&G Prudential Senior Leadership team accordingly.

Unite was informed of this announcement last week but no consultation on the proposals have yet taken place. We are continuing to meet with Senior Management to talk about the new partnership agreement and have asked for more information to be shared with us so meaningful consultation can now take place on the future of those roles being outsourced.

In the internal communications to all M&G Prudential staff this morning it refers to “180 Prudential roles being transferred to TCS”. These roles all sit within PGDS. Unite understands that within 6 months of the transfer to TCS 120 of those roles will be offshored and existing role holders will be made redundant.

Unite believe this to be unacceptable and are concerned that offshoring these roles and losing the existing knowledge and experience of the current employees will put at risk the service M&G Prudential provides to its customers.

Over the next week Unite will be meeting members directly impacted by the announcement to better understand what we can do to support them through this process.

Posted in Diligenta & TCS TUPE, Pru Section news | Comments Off on M&G Prudential announce partnership with TCS

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