Should business hold on to purchasers in the downturn?

8 April 2009
US Defence Secretary Robert Gates may be calling for more thousands more buyers to be hired, but closer to home a big business seems to take a different tack. The embattled Royal Bank of Scotland has announced that it is to make 4,500 job cuts in its back-office operations in the UK, part of a cull of 9,000 globally. And according to this story in the Guardian, purchasers could be among those who go. The piece – in a not-so-cheery Recession watch section that tracks businesses laying off staff – says the RBS redundancies will be focused in a division known as group manufacturing, which includes technology, property, call centres and purchasing. With procurement being increasingly called on to make savings for companies, should the bank be holding on to its buyers?
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