back to article Serco CEO Soames brags about £250m sale of BPO private sector biz

Scandal-hit Serco has finally resold its private-sector business process outsourcing (BPO) division to the previous private equity owner Blackstone for £250m, equating to a loss of £165m. The division consists of middle and back-office skills across customer contact, transaction and financial processing, as well as related …

  1. Anonymous Coward
    Anonymous Coward

    Cultural challenges

    >building a private-sector BPO unit using public-sector marketing resources proved challenging<

    Understandably, the public sector BPO team went all wibbly-wobbly when they couldn't work 10am-4pm and slip-off after lunch on Friday.

  2. Anonymous Coward
    Anonymous Coward

    Speech Time

    "Scandal-hit Serco has finally resold its private-sector business process outsourcing (BPO) division to the previous private equity owner Blackstone for £250m, equating to a loss of £165m"

    Never, in the field of the Private Sector, has so much....been lost by so few.....for so many!

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