Vanguard Group is bringing hundreds of jobs back from Infosys to its Malvern headquarters, following a 1,300-position outsourcing move six years ago, writes Ryan Mulligan for the Philadelphia Business Journal.
The investment giant is laying off 248 employees at its Infosys subsidiary BPM Limited in Chesterbrook, with 96 percent getting offered positions within Vanguard. The layoffs are scheduled to occur between March 29 and Sept. 30, according to a Worker Adjustment and Retraining Notification filing with the Pennsylvania Department of Labor.
In July 2020, Vanguard announced its agreement to transfer 1,300 jobs to Infosys, which included 900 positions out of the approximately 12,000 employees it had at its Chester County headquarters.
The move was aimed at improving the customer experience for its retirement plan business. Infosys said at the time it would establish an office close to Vanguard’s campus in Malvern.
The WARN indicates that Infosys is “in the process of transitioning services back to Vanguard,” a move that will trigger the mass layoff in Chesterbrook. The affected positions include project managers, data and reporting analysts, compliance consultants, and recordkeeping administrators.
Read more about Vanguard Group reining in its outsourced jobs in the Philadelphia Business Journal.
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In 2020, Vanguard announced its partnership with Infosys.
Editor’s Note: This post first appeared on VISTA Today in February 2026
