May 18, 2016 1:12 pm | Updated 4 years ago.
Tribune Publishing Co, an American newspaper, and print media publishing company is envisaging on outsourcing its work overseas and is in the process of terminating the jobs of about two-hundred of its IT employees. This Chicago-based publishing company informed its employees that it is outsourcing its work to Tata Consultancy Service, an Indian based IT firm.
The Tribune Publishing Co which owns the Los Angeles Times, The Baltimore Sun, Chicago Tribune and other media properties considers this outsourcing of its information technology department to TCS a strategic decision that will bolster the firm’s overall business. According to a spokesperson from Tribune Publishing Co, this decision will augment their systems and capabilities to innovate and serve customers in a better way.
A few weeks ago McClatchy Company was in the news for a similar reason as it had announced the hiring of Wipro an Indian-based firm to outsource its IT department and laying off its employees. Last year Southern California Edison had also outsourced some of its IT jobs offshore.
Date of Publishing: May 17, 2016