A.G. Edwards Chops 38, Outsources to Kanbay
OUTSOURCING
ST. LOUIS, Mo.--Brokerage A.G. Edwards is to sever 38 IT staffers just as it begins an undisclosed technology upgrade.
The IT overhaul will also require the firm to outsource some of the work to Kanbay, a 1,500-employee systems integrator based in Rosemont, Ill., that has a major operations center in Pune, India.
Around 100 personnel will transfer to Kanbay, which is establishing a St. Louis office in support of the project, officials say. These transitions bring the total IT workforce at A.G
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