"IBM has won a 7 year outsourcing contract with Unilever"
Unilever has turned to IBM for a seven-year outsourcing contract aimed at transforming its financial transaction services in Europe.
The move will affect around 750 Unilever employees across 20 countries.
According to a Unilever representative the employees were told about the upcoming changes a week ago and that over the next two years of implementation, steps will be taken to try to prevent layoffs.
IBM business consulting services will use sites in India, Poland and Portugal to handle Unilever's purchase-to-pay, general accounting and bill-to-cash functions.
For details read here.
The article is sponsored by A-1 Technology Inc, dealing in offshore outsourcing and offshore software development.