Royal Bank pledges not to outsource for savings
- May 27, 2013 10:22 AM
- By Enza Uda
As a result of stories by CBC's Go Public, the Royal Bank has promised it will never outsource a Canadian job to a foreign worker solely to save money.
The bank updated its code of conduct on Friday, after facing intense criticism last month for its hiring policies.
In a story first reported by CBC News, the bank was criticized heavily for laying off a number of IT workers in order to replace them with cheaper foreign workers.