April 29, 2006 E-MAIL PRINT

Outsourcing At Dow Jones

Friday, April 28th, turned out to be a tough day or a lot of people at Dow Jones. The Company has been telling us for months that it's exploring the options of outsourcing. Friday, management started to fill in some of the blanks.

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There are still a lot of unanswered questions. We know that 5 operations in Finance and 82 applications (development and maintenance/support) in IT are being reviewed for possible outsourcing. What we don't know — and what we have requested from the Company — is a specific listing of the people who are now doing those jobs, listing their department and their job title.

No final decision has yet been made on outsourcing. There are some very important considerations which have to be addressed before any manager is going to recommend that these services be handed over to a third-party. Your union will be offering its best advice as those decisions are made.

Our job is to try to save as many of those jobs as possible — but if outsourcing is recommended for any of those operations, the provisions of the contract will have to be followed: in a nutshell, layoffs have to follow the rules of seniority, which are determined by location, department and job title.

It appears as if the bulk of the IAPE-represented employees who might be affected by this are in South Brunswick, but I think that everyone in this union needs to be aware of the situation and what your union is trying to do to protect your job and defend your contract.

As always, let us know what you think.


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