Wachovia, HR Outsourcing, BPO, Hewitt
Wachovia bank outsources HR functions to Hewitt
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Wachovia Corp., a North Carolina based bank, will outsource HR functions to Hewitt Associates, and cut up to 150 workers in the process.
In a move to cut expenses by $1 billion by 2007, Wachovia has already announced in June its plan to outsource some technology work to as many as three companies with operations in India.Under the seven-year agreement, Hewitt will provide contact center, payroll, learning and benefits outsourcing to more than 90,000 Wachovia employees.
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