Some are experiencing a slowdown as a result of the US economic slowdown but there are those that are increasing their business. As I have mentioned before, lesser economic activity could mean lesser business to outsource but on the other hand, it may also mean bigger cost saving measures in the US.
Bigger cost saving means, increased level of outsourcing.
Philippine-based outsourcing giants are now feeling effects of the US recession with some companies seeing a slowdown in demand for services, particularly on medical transcription and animation, industry executives said.
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