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AstraZeneca, the Anglo-Swedish drugs group, which announced it was outsourcing its IT infrastructure services to IBM, climbed 46p to £32.16.
BLOOMBERG NEWS Bank of New York Mellon Picks Up Bridgewater's Back Office | Bridgewater Associates, a money manager based in Connecticut, announced in a filing that it was outsourcing its back-office operations to the bank.
He bagged his first major global order from Germany's BASF –it was outsourcing production by going out on a limb.
The news of her resignation came on the same day as Bauer announced it was outsourcing the printing and distribution of all its magazines which would see about 100 staff made redundant.
This deal feels like deja vu of two months ago, when Yahoo announced that it was outsourcing personals to Match.com.
He knew that in its relentless search for blockbuster drugs, the pharmaceutical industry was spending a fortune ($12.5 billion last year in the U.S). on preclinical research and that it was outsourcing about 10% of the work.
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He also criticised the handling of recruitment since it was outsourced to civilian firm, Capita.
At first those products were all made domestically, but as time went on much of it was outsourced all over the globe.
As soon as we develop something, it is outsourced.
"By keeping manufacturing in London we have got better control over it rather than it being outsourced".
Taking adult and children's services together, he points out, the market is worth more than £22bn and most of it is outsourced to the private or voluntary sectors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com