Tag Archives : outsourcing

In the competitive business environment outsourcing has become a key to improving efficiency and cutting costs. It doesn’t make economic sense to do everything in-house. You can get better results by outsourcing specific tasks to experts in the field who can do it much more efficiently than you at a fraction of cost. It is best to limit your role [...]

The online encyclopaedia that changed the world began humbly, in a corner of the United States. Today, it is the most popular site on the web, and has grown to be the largest of sites as well, with thousands of contributors and editors. Wikipedia has finally decided to open an offshore office and has chosen India as the location. India was chosen over [...]

It is said that ‘outsourcing is not a new phenomenon, as companies have scoured the globe for cheap labor unions for decades, manufacturing cars in Mexico and shirts in Malaysia.’ Outsourcing is an idea whose time had come in this globalized economy. The mechanics of such an activity cover entire infrastructures of human organizations, geographical [...]

When companies tighten their proverbial belts in a time of economic crisis, employment is the first to go haywire. In the U.S. alone, 4.4 million jobs are said to have been lost. In this time of recession, full-time employment has become a shaky concept. Based on a recent survey, companies are now outsourcing more tasks and functions, as well as trying [...]

IBM will cut as many as 5000 jobs in the United States this year, which will amount to over 4 percent of the total IBM’s workforce. Sources say that the job cuts will be administered mainly in the IBM’s global outsourcing and consulting services. These turn of events are only expected after the economic recession, probably the worst in the history. [...]

Indian IT major, Satyam Computer Services Ltd has hoped to finalize its buyer by April 30 for its 51 percent stake in the company. After months of being under the scanner for the fraud case, the biggest scam in Indian corporate history, Satyam Computers have finally found some bidders. The potential bidders as for now are Larsen & Turbo, Tech [...]

With the U.S President Barack Obama’s new budget plans to restructure the crumbling U.S economy, India’s IT industry may suffer. He has vowed to eliminate tax benefits for the U.S companies that have outsourced jobs to the foreign locations. Nearly 1000 American firms have outsourced their jobs to a foreign location due to cost benefits. The new [...]

Government of India has proactively stepped in to rescue Satyam and control the damage done by Satyam scandal to India’s overseas image. Satyam founders Ramalinga Raju, his brother and financial head of the company are in judicial custody for interrogation. Government has appointed three experts as new board members and looks like Satyam and India’s [...]