NAB sending IT jobs off-shore

NATIONAL Australia Bank is considering proposals that threaten the jobs of about 400 information technology employees in a program causing angst throughout the bank's 2700-strong IT workforce.

Internal documents show NAB hired the outsourcing specialist TPI earlier this year to ask IT providers to suggest options for three of its IT units. Infosys, Satyam, IBM and Accenture all submitted proposals, which are now being considered.