Archive for the 'It Operations' Category

India’s outsourcing bubble is bursting

Tuesday, September 30th, 2008

The collapse of top US financial firms is causing a dramatic slowdown in lucrative contracts among outsourcing companies in India–turning cities like Bangladore inside out. Bangalore, India–Once a high-flying tech hub, Bangalore is seeing more sober days in the wake of the credit crisis. It looks like…
Original post by Gadgets, gizmos, and […]

What the credit crunch means for IT

Wednesday, September 17th, 2008

The credit crunch has dominated the front pages in 2008, and claimed a number of high-profile scalps, such as that of the 158-year-old Lehman Brothers bank. As job losses mount, and with HP announcing it will lay off tens of thousands of workers following its purchase of…
Original post by Gadgets, gizmos, and […]

Offshoring: India still No. 1

Friday, June 27th, 2008

Bangalore remains on top as the global outsourcing leader but with prices on the rise in India, locations like Beijing and Auckland are catching up fast. Bangalore has retained its position as the ideal global delivery location for businesses, according to a new report from IDC. The…
Original post by Gadgets, gizmos, and […]

Megadeals aid outsourcing recovery

Friday, January 18th, 2008

Growth among Indian companies, contracts for financial and other business services helped sector bounce back, report says. The global outsourcing market bounced back after a shaky start last year thanks to a spate of megadeals and continued double-digit growth among Indian companies, according to a recent report. …
Original post by Gadgets, gizmos, and […]

Sprint to cut 4,000 jobs

Friday, January 18th, 2008

Aiming to trim labor costs, Sprint also will close 8 percent of its company-owned stores, reduce outsourced services. Sprint Nextel, the No. 3 U.S. mobile service, said on Friday it will cut about 4,000 jobs and close about 8 percent of its stores, predicting further pressure on…
Original post by Gadgets, gizmos, and […]