Tag Archives: bank

Source: BBVA Compass outsources IT help desk

bbva compass signWe’ve learned that BBVA Compass plans to announce that it will be outsourcing its IT (information technology) help desk. The decision would affect between 25-40 of the multinational bank’s employees in Birmingham, AL. Those employees would have the option of applying for work with the firm that has been awarded the account but would only be guaranteed no more than 60 days of work.

The story sounds similar to one that occurred last fall in Decatur, AL when 35 employees were told they would be laid off by the end of the year. Some of those jobs were moved to Texas with others outsourced to Atento, a unit of a Spain-based telecommunications and technology giant. By the way, BBVA Compass’ parent company is based in Spain.

We’ll update as more information becomes available.

UPDATE: BBVA Compass announces layoffs

Yep, that’s the word we’ve just received – BBVA Compass will announce plans to lay off nearly 10% of their workforce as early as later today. NOTE: They did announce it today – here’s NBC 13’s account via the Associated Press and The Birmingham News‘ post on their breaking news blog, where they confirm that 200 of the jobs will be lost in the Birmingham area.

We’re awaiting confirmation. It would be a major amount of cuts as well, reportedly 10% reduction in current staff numbers. When the last round of job cuts were announced in late November, the bank was reportedly employing more than 13.000 people across six states.

Sources report that internal emails indicated that 1,200 positions would be eliminated with individual notifications made “over the next couple of weeks.”  Severance and placement services were also offered.

Moose crossings in Birmingham?

If you’re driving down 20th Street heading towards Southside today, you may notice a couple of small yellow signs up on lightpoles to your left as you approach Morris Avenue. If you were to stop and take a quick look, you’d be a little shocked by what they say:

Moose crossing sign in downtown Birmingham

acnatta/Flickr

You’d be shocked, until you paid a little more attention to what was going on across the street: Continue reading