Serco, the international service company, today announces
that it is creating a new global Business Process Outsourcing
(BPO) capability, our first global business, bringing
together all of Serco's middle and back office skills. The
new global business will improve the services that Serco
provides to customers and enable us to target global
opportunities both in the public and private sector.
Serco's customers around the world are increasingly looking
for more end-to-end services that combine frontline
capability with middle and back office operations, helping
them to drive more efficiency and better quality
services.
The creation of the global BPO business follows the recent
expansion of Serco's BPO offering: in the UK with the
acquisition of The Listening Company; in India with the
acquisition of Intelenet; and, in Australia with the
acquisition of Excelior.
As Serco continues to grow we regularly review our
opportunities, our structure and the way Serco delivers
services for our customers and to target future growth.
Serco will be streamlining the management of its UK business
and further developing our shared services operation to
increase efficiency and support the delivery of better
services. These changes are likely to lead to reductions in
headcount of around 500 people in management and in our own
back office support functions out of our 100,000 employees
around the world, including 35,000 in the UK.
The changes announced today are not expected to have any
material impact on our previously stated financial
guidance.
Christopher Hyman, Chief Executive of Serco Group plc, said:
"Our new global BPO capability will open up new opportunities
for Serco to provide high quality services to customers in
the public and private sector around the world. It will also
allow us to provide the integrated front, middle and back
office operations that our markets are now seeking and,
together with the improved innovation and efficiency in our
management structure, will support the further improvement of
the services that we deliver to our customers."
Marcus De Ville, Head of Media Relations T +44 (0) 208 334 4388
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About Serco
Serco is a FTSE 100 international service company, which
combines commercial know-how with a deep public service
ethos.
Around the world, we improve essential services by managing
people, processes, technology and assets more effectively. We
advise policy makers, design innovative solutions, integrate
systems and - most of all - deliver to the public.
Serco supports governments, agencies and companies who seek a
trusted partner with a solid track record of providing
assured service excellence. Our people offer operational,
management and consulting expertise in the aviation, BPO,
defence, education, environmental services, facilities
management, health, home affairs, information and
communications technology, knowledge services, local
government, science and nuclear, transport, welfare to work
and the commercial sectors.
More information can be found at www.serco.com
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