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Health economist John Goodman noted that "three Federal Reserve Banks in Philadelphia, New York and Atlanta have surveyed the folks in their area and roughly one fifth of the employers are saying they cut back on employment. "Roughly one fifth are saying they're moving from full time to part time," Goodman added.
With non-performing assets in the financial system rising, Reserve Bank Governor Raghuram Rajan on Monday pulled up state-run banks for "outsourcing" an important task like loan evaluation to middlemen, and asked them to end the practice at the earliest by improving internal processes. "A problem that has emerged in recent years and recent scandals is the fact that evaluation has been outsourced.
AUSTIN, Texas & EDISON, N.J. -- -- KPIT, , an IT consulting and product engineering partner to automotive & transportation, manufacturing and energy & utilities corporations, today announced that it has been listed amongst the Top 10 Outsourcing Service Providers by Information Services Group , a leading technology insights, market intelligence and advisory services company. KPIT was listed among America's "Top 10 Breakthrough Sourcing Standouts" based on annual contract value won over the last 12 months, according to the ISG Global Outsourcing Index.
A vote up for discussion Tuesday night could have local schools outsourcing substitute teachers in Georgetown County. Local economists are seeing the trend continue as more industries transition to temp agencies.
Half of drug discovery will eventually be outsourced as the service area goes the way of contract toxicology, according to the CEO of Charles River Laboratories . James Foster, head of the preclinical contract research organisation , said discovery is " typically something drug companies like to hold close their chest, but that will change.
A copy of the Sept. 12 memo, seen by Computerworld , was sent to IBM employees in its Global Technology Services strategic outsourcing group.
In an era of cloud computing , increasing mobility and federal agencies outsourcing more functions to IT contractors, the traditional lines delineating a network perimeter have blurred beyond recognition, experts warn. "I think best practices have to completely shift," Gus Hunt, operating partner at the private equity firm LLR Partners and the former CTO at the CIA, said this week at a government IT conference .
In this photo by Achmad Ibrahim, an Indonesian worker wears a mask depicting the Japanese character Doraemon during a rally against outsourcing and low wages near Indonesia's presidential palace in Jakarta on Monday. Thousands of factory workers took to the streets of the capital to take part in the protest.
Privately held TriZetto Corp. is based in Englewood, Colorado. The company and its 3,700 workers will join Cognizant's existing health care information technology business, the company said Monday.
Ahmedabad is a tier-2 city in Gujarat that holds a lot for you to know. Not just the historical facts associated to this city, but also the new job sector attracting the workforce from all the directions.
Via Acquire Media NewsEdge) a a MOMENTOUS EVENT: Saudi Arabia's first all-female BPO center opens in Riyadh. Riyadh: Rashid Hassan The first all-female business process outsourcing service center in the Kingdom, which was inaugurated in Riyadh on Sunday, will aim to provide 3,000 local jobs to Saudi women in the next three years in line with nationalization efforts.
Outsourcing giant TCS is the most valued Indian company with a market cap of Rs 5,10,415.13 crore. With the benchmark Sensex witnessing a dream-run, total market valuation of BSE listed companies has inched closer to Rs 100 lakh crore milestone.
Private equity firms have long been at the center of public debates on the impact of the financial sector on Main Street companies. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs? The first comprehensive examination of this topic, Private Equity at Work provides a detailed yet accessible guide to this controversial business model.
Think about what you'd really like to do on your vacation and create a list to narrow your choices - whether it's hitting the beach, going shopping, climbing a mountain or visiting a museum. Consider whether you can do this somewhere nearby, or whether you know anyone who has done your chosen activities before on a similar budget.
Years ago, when a state university declared the campus as a no-smoking zone, the few puffing on their sticks in selected areas joked they were being marginalized and driven to the fringes of society. Yet, no one can evade today the sight and smell of the glut of workers congregating outside corporate high-rises, taking a smoking break.
The corporate executives who decide whether U.S. workers get meaningful raises have looked at the broader economy and have a message: Don't expect a pay increase anytime soon. A survey of Harvard Business School alumni released last week reveals a series of trends that are widening income disparities and may be weakening the ability of the U.S. economy to grow in the long term.
Updated: Tue Sep 16, 2014 02:05 am
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