Last week, the headlines screamed threats of decline in the outsourcing business. I kept my peace about it but now, may I assure the competitive companies that they are most probably headed for good times. Recession in the western countries will most probably result to cost cuts and job layoffs but not all such moves are meant to reduce the size of operations.
Some jobs are actually being culled only to be outsourced offshore. Good companies are therefore headed for expansion but the so-so ones are headed for bad times.
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