Remove 2004 Remove Co-Sourcing Remove Operational Costs
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10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

Source: Magellan Solutions. In 2004, J.P. Morgan Chase & Co. in 2004, the bank decided to dissolve the agreement. Due to its inability to pay its debts, EDS had paid off more than $500 million in lost assets by 2004. EDS reported a $153 million loss at the end of the third quarter of 2004. CASE STUDY.