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[02.02.10] - Convergys to Lay Off Workers, Moving Jobs to the Philippines

A day before the release of the 4th quarter financial results of outsourcing company Convergys Corporation (NYSE:CVG), they announced plans to lay off many of its employees, without disclosing how many and which locations would be affected.


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Philippine Outsourcing News Update
Feb.08.2010
Outsourcing World Summit Registration Climbs As Economy Strengthens -
Outsourcing World Summit Registration Climbs as Economy StrengthensI-Newswire.com (press release)(I-Newswire) February 8, 2010 - POUGHKEEPSIE, NY, Feb. 8, 1010 - The economic rebound and growing importance of outsourcing in the new economy is driving an ...and more »

Employers Reduce Costs and HR Risks With HR Outsourcing, Reports New White ...
Employers Reduce Costs and HR Risks With HR Outsourcing, Reports New White ...PR Newswire (press release)LOS ANGELES, Feb. 8 /PRNewswire/ -- Thousands of employers are turning to human resources outsourcing firms and Professional Employer Organizations (PEOs) ...

From $50 billion now, IT-BPO exports will be $175 bn by 2020 - Business Standard
From $50 billion now, IT-BPO exports will be $175 bn by 2020Business StandardAnd, now we are saying that in another 10 years, by 2020, IT-BPO exports are once again poised for phenomenal growth and evolution. ...

Caution Trims Outsourcing Sales
BusinessWorld OnlineCaution trims outsourcing salesBusinessWorld OnlineTHE BUSINESS PROCESS outsourcing sector (BPO) saw sales slow down last year -- due to the caution that prevailed among businesses in the first half -- but ...

BPO Sector Generates $7.2B in Revenues
BPO sector generates $7.2B in revenuesInquirer.netMANILA, Philippines--THE BUSINESS PROCESS OUTSOURCING SECtor continues to be the country's sunshine industry, generating more than $7.2 ...RP BPO revenues hit $7.2 billion in 2009Philippine StarOutsourcing grows 19%Straits Timesall 3 news articles »

State Street Appointed by Wellington West Asset Management to Provide ... - MarketWatch
State Street Appointed by Wellington West Asset Management to Provide ...MarketWatchIFDS is today recognized as the world's leading provider of investor record keeping and transfer agency solutions on a BPO (Business Process Outsourcing) ...

Sitel Launches ETraining Solution for Home-Based Agents - MarketWatch
Sitel Launches eTraining Solution for Home-Based AgentsMarketWatchWith RightTime(TM) technology through eLearning from inContact, the market leader in on-demand call center software and call center agent optimization tools ...

RP BPO revenues hit $7.2 billion in 2009 - Philippine Star
RP BPO revenues hit $7.2 billion in 2009Philippine StarMANILA, Philippines (Xinhua) - The Philippine business process outsourcing (BPO) raked in $7.2 billion in 2009, up 19 percent on year, as the global ...

6 More Big BPOs Plan to Operate in Davao City - Business Mirror
6 more big BPOs plan to operate in Davao CityBusiness MirrorDAVAO CITYSix more major players in business-process outsourcing (BPO) have signified their interest in putting up operations here, pushing the sector ...

Genpact to Recruit 10,000 Worldwide
In order to keep pace with its sales growth of 14-17 percent this year, BPO firm Genpact is planning to go on a global hiring spree to recruit 10,000 people.

Bharti, L&T lifts Nifty above 4700 level
Bharti, L&T lifts Nifty above 4700 levelsIndia Infoline.com - 3 hours ago Markets have managed to stage a smart recovery in the afternoon trades as the NSE Nifty surges past the 4700 levels led by gains in the Bharti, L&T and Infosys. The Capital Goods, Consumer ...Infosys, ICICI Bank lift Sensex past 16k - Myiris.com

Indian IT-BPO Industry Exports Touches USD 50 Billion Landmark
Indian IT-BPO industry exports touches USD 50 billion landmarkInformationWeekNasscom recently released the Indian IT-BPO sector performance estimates for FY09-10. According to the findings, export revenues for the Indian IT-BPO ...and more »

HCL (NSE:HCLTECH) Announces Successful 'Go Live' of SAP EC
HCL AXON, a division of HCL Technologies has announced a successful go live of SAP ECC for Tianjin Tasly Sants Pharmaceuticals, one of China's largest pharmaceutical companies. The solution framework is designed to optimize Tianjin Tasly Sants business processes and implemented in an aggressive timeframe of seven months.

SIM: Indian outsourcing companies get a new competitor
SIM: Indian outsourcing companies get a new competitorEconomic TimesMUMBAI: In 2004, at the height of the American presidential campaign dominated among other things by offshoring and a jobless recovery, HCL's Vineet Nayar ...and more »

Indian shares fall 0.5 pct; Infosys, Reliance dow
Indian shares fall 0.5 pct; Infosys, Reliance downReuters - 45 minutes ago MUMBAI, Feb 8 (Reuters) - Indian shares fell 0.5 percent early on Monday, led by losses in Infosys Technologies (INFY.BO) and Reliance Industries (RELI.BO), as the undertone remained shaky over ...BSE Sensex falls 0.5 pct; Infosys, Reliance down - Reuters IndiaSensex falls 0.5%; Infosys, Reliance down - Express Buzz

NASSCOM: German IT Innovation Shows Way Out of the Crisis - SYS-CON Media (press Release)
NASSCOM: German IT Innovation Shows Way Out of the CrisisSYS-CON Media (press release)One market segment that is currently drawing attention is the so-called business process outsourcing and shared services center (BPO-SSC) sector. ...and more »

                                                    

                                                              




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