Vanguard is bringing hundreds of jobs back from Infosys to its headquarters, following a 1,300-position outsourcing move six years ago.
Vanguard Group is bringing hundreds of jobs back from Infosys to its Malvern headquarters, following a 1,300-position outsourcing move six years ago, writes Ryan Mulligan for the Philadelphia Business Journal.
The investment giant is laying off 248 employees at its Infosys subsidiary BPM Limited in Chesterbrook, with 96 percent getting offered positions within Vanguard. The layoffs are scheduled to occur between March 29 and Sept. 30, according to a Worker Adjustment and Retraining Notification filing with the Pennsylvania Department of Labor…