Mar
18
Outsourcing Issues and News.
Get your daily dose of professional business information and analyses searched and summarized by Outsourcing Opinions from the world business news agencies and major resource sites.
In the United Kingdom
Economy Policy News with Eagle Consulting– a major UK payroll bureau, builds a ‘case’ against off-shore outsourcing, declaring its many economic benefits no longer stand in the face of the worldwide recession.
Read more on this ‘case’ here
In the United States
However, as a rebuttal, MarketWire states that companies should not write off sourcing to low-cost countries as of yet since the downturn could provide more opportunities and benefits than ever before.
Know more from this ‘rebuttal’ here
More from the United States
Recent news support this rebuttal.
Sykes Enterprises, a Florida-based firm which specializes in creating and maintaining computer customer care services for corporations, will soon close its a telephone call center in Minot, North Dakota for it cannot find enough qualified employees to hire.
Read more on this news here
In Legal Circles
As larger law firms explore legal outsourcing, some smaller firms think they do not have the same scale to launch legal process outsourcing (LPO) deals orĀ ventures.
However, the options and opportunities are present and available for these smaller firms. The recession could act as a catalyst to bring these small-to-medium law firms into the LPO sector.
Learn more from here
IT services in India
Further business in the LPO sector could prove to be good news for India’s Inc. whose information technology (IT) services sector has been receiving adversity lately.
Financial Services Global firm Morgan Stanley reports that computer services companies in Mumbai and Bangalore, including Tata Consultancy Services (TCS), face declining revenue as their clients get weighed down by budget cuts, mergers and bankruptcy.
Read more on this adversity here
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