Boral has announced it will outsource its IT as part of a company-wide restructure which will see up to 1000 jobs cut. As part of operational rationalisation initiatives and IT outsourcing, 185 jobs will be cut. The building company will cut around 1000 jobs from its workforce in the FY2013 – 6.8 per cent of its global workforce of 14,740 employees at 30 June, 2012. A total of 700 jobs will be cut from the company’s Australian division, with 200 redundancies that have already taken place last year. The outsourcing comes on the back of an IT transformation project headed by CIO Robert Gates to reduce costs. Gates will move to the newly created role of chief administrative officer from 1 February, 2013, “leading corporate support functions of human resources, safety, environment, procurement and IT,” Boral said in an ASX statement. The restructure is expected to save Boral around $90 million per annum, with around $37 million in savings during the FY2013. “My 100-day review of the business highlighted the need to make some tough decisions. This is a great company, with a great history and great potential. However, over time, it has become burdened with excessive overhead costs. While this may be less obvious during the good times, it becomes critically exposed when times are tough,” Mike Kane, CEO and Managing Director, said in a statement. Follow Stephanie McDonald on Twitter: @stephmcdonald0 Follow Computerworld Australia on Twitter: @ComputerworldAU Related content brandpost Sponsored by Freshworks When your AI chatbots mess up AI ‘hallucinations’ present significant business risks, but new types of guardrails can keep them from doing serious damage By Paul Gillin Dec 08, 2023 4 mins Generative AI brandpost Sponsored by Dell New research: How IT leaders drive business benefits by accelerating device refresh strategies Security leaders have particular concerns that older devices are more vulnerable to increasingly sophisticated cyber attacks. By Laura McEwan Dec 08, 2023 3 mins Infrastructure Management case study Toyota transforms IT service desk with gen AI To help promote insourcing and quality control, Toyota Motor North America is leveraging generative AI for HR and IT service desk requests. By Thor Olavsrud Dec 08, 2023 7 mins Employee Experience Generative AI ICT Partners feature CSM certification: Costs, requirements, and all you need to know The Certified ScrumMaster (CSM) certification sets the standard for establishing Scrum theory, developing practical applications and rules, and leading teams and stakeholders through the development process. By Moira Alexander Dec 08, 2023 8 mins Certifications IT Skills Project Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe