Standard Insurance Stealing Jobs

Standard Insurance Stealing Jobs

Posted in the Dallas Forum

J Greg Ness

Port Richey, FL

#1 Mar 12, 2011
StanCorp Financial Group quietly notified employees in recent weeks that it is considering outsourcing a portion of its 350-employee information technology division.

The Portland insurance company has already decided to eliminate eight backshop technology jobs and farm out those chores to an IBM subsidiary in India. Over the next two to four months, StanCorp will make the call on the rest of the jobs, said company spokesman Bob Speltz.

"Our core business is not IT," Speltz said. "It's insurance and financial services. The company has had to make some very difficult decisions to ensure our long-term viability."

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