CMS Cameron McKenna has become the latest City firm to outsource a chunk of its IT work to India, in a move that will see around a third of the department made redundant, the firm announced this week (11 July).
The top 20 UK law firm has struck a five-year deal worth £10m with HCL Technologies, with the Indian IT outfit working alongside Camerons' internal IT capability.
While the majority of the firm’s 70-strong IT team will transfer to HCL, around 22 employees will find themselves out of a job.
Camerons is the latest City firm to broker a deal to outsource IT support, following the likes of Allen & Overy, Clifford Chance, Eversheds and Linklaters.
Commenting on the move, Camerons IT chief Phillip Rooke said: “This agreement does mean that we are reducing the size of our own IT department by approximately two-thirds to a team of around 40.”
HCL chief Anant Gupta added: “This engagement will make HCL responsible for the firm’s IT operations, including data centre support, network, security, managed desktop services and application development, support and management.”
