Jobs Outsourcing

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  • CHENNAI, India, Dec 2- The heaviest rainfall in over a century caused massive flooding across the Indian state of Tamil Nadu, driving thousands from their homes, shutting auto factories and paralysing the airport in the state capital Chennai. Prime Minister Narendra Modi has blamed climate change for the rain, injecting urgency into the debate at global climate...

  • CHENNAI, India, Dec 2- The heaviest rainfall in over a century caused widespread flooding across the southern Indian state of Tamil Nadu, driving thousands of people from their homes, shutting down factories and paralysing the airport in the state capital Chennai. India's fourth-largest city is a major auto manufacturing and IT outsourcing hub for companies...

  • Is it safe to outsource workers?

    Jeff Gravenhorst, CEO of ISS, which employs more than 510,000 people, says he is certain the company has not hired potential terrorists because it has very good vetting procedures.

  • Accenture reported better-than-expected quarterly earnings and revenue, helped by strong demand in North America.

  • General Electric

    General Electric is planning to move 500 jobs overseas, citing the Export-Import Bank expiration.

  • Indian IT giants have struggled to keep pace with start-ups and now find themselves seeking more flexible structures.

  • Xerox

    Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.

  • Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • N.R.Narayana Murthy

    Socialism is in his heart, but Infosys billionaire Narayana Murthy says on May Day that "capitalism is the way forward."

  • Paul Singer, founder and president of Elliott Management Corp.

    Activist investor Elliott Management wants big changes at Juniper Networks, and momentum is building for the company to bend to the pressure.

  • Demonstrators stand outside of the Li Fung tower in Hong Kong as they protest over what they say are unpaid wages owed to textile workers in Turkey by Li and Fung and garment brand Esprit.

    Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.

  • Open to strategic acquisitions: Vish Iyer

    Vish Iyer, President of TCS Asia Pacific says the company is looking to expand footprint in China and is keeping an eye out for acquisitions that boost growth.

  • Mahindra's Growth Will Fall on Dud Acquisitions

    Jigar Shah, senior VP at Kim Eng India, tells CNBC a fall in IT outsourcing company, Tech Mahindra's growth is coming because a low margin of acquisitions.

  • Data Centre Trends

    Michael Foust, CEO at Digital Realty, speaks about the cost effectiveness of data centers and current trends in the industry along with business model, growth prospects and the company's acquisition plans.

  • factory_worker_200.jpg

    Aafter years of pain for America’s manufacturing sector and its workers, some economists and analysts are wondering if the tide may be turning.

  • NN_c_suite_200.jpg

    President Obama and Vice President Biden are hosting a forum today in an effort to promote "insourcing" American jobs. Business leaders will meet with the President to talk about why insourcing is needed to help create jobs and attract investing dollars from companies looking to establish or grow U.S. subsidiaries.

  • Security and outsourcing company G4S is planning to spend 200 million pounds ($330 million) per year on acquisitions, the company's CEO told CNBC Tuesday, after the company beat analyst expectations to post first-half earnings growth of 8 percent.

  • indianaccountant.jpg

    What is Sri Lanka’s contribution to global outsourcing? Accountants. The New York Times reports.

  • With US companies exporting jobs to India, outsourcing companies have outperformed the Nasdaq over the past 6 months. Here's how to play it.

  • Japanese job fair

    Under fierce pressure to cut costs, large Japanese companies are increasingly outsourcing and sending white-collar operations to China and Southeast Asia, where doing business costs less than in Japan.  The New York Times reports.