NiSource missing outsourcing goal, report says

August 13, 2007
Two years after launching a plan to outsource 1,017 jobs through IBM, NiSource Inc. is 144 positions short of its goal, according to The Times of Munster.

This spring, the Merrillville gas and electric utility announced to workers that some of the jobs would return because results hadn't met expectations. NiSource executives also told Wall Street analysts last month that the $530 million in projected savings haven't materialized.

"We have engaged IBM at the highest level and we are now in midst of what I would characterize as sensitive discussions with the IBM folks," said CEO Robert Skaggs Jr.
Source: XMLFULL/XMLFull3607.xml

Recent Articles by IBJ Staff

Comments powered by Disqus