AMP NZ immune to IT job cuts

AMP New Zealand is "virtually unaffected" by a 220-job IT cull by its Australian counterpart, managing director Ross Kent says.

AMP New Zealand is “virtually unaffected” by a 220-job IT cull by its Australian counterpart, managing director Ross Kent says.

“Just about all the cuts in Australia are specific to the Australian market.”

Most of AMP Australia’s cuts will be from the financial services division and AMP Banking will also be cut back. About 90 of the Australian positions being lost are contractors.

AMP New Zealand has few contractors and does little outsourcing, Kent says.

“We’re largely self-sufficient. We had some redundancies earlier in the year, reducing headcount from 40 to 30. Five years ago, numbers were significantly more than that.”

The cutbacks in Australia mean there will be little trans-Tasman cooperation on IT projects, Kent says.

"Some projects that may have had a trans-Tasman impact probably won’t be going ahead. Our work will be New Zealand-specific.”

In Australia, the IT cutbacks are part of a policy of reducing AMP’s overall headcount by 10%.

The cutbacks have gone right to the top, with CIO Warwick Foster leaving recently and the position of CIO being eliminated.

AMP New Zealand went through a process of rationalisation of its hardware and software platforms earlier this year, IT head Dean Rossiter says.

“We eliminated our HP-UX and IBM AS/400 environment and are now a purely Wintel shop, with NT and 2000 on Compaq servers.”

Large-scale CRM applications such as PeopleSoft and Siebel are used on a time slice basis from AMP Australia, he says.

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