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A look into the BPO & nearshore industry in times of global financial concernĀ 

Redial

A crisis in which they were lost $8 trillion in value between late 2007 and 2009. The attraction of BPO is the establishment of long-term strategic relationships. Benefits that have ensured mechanisms that help us combat economic uncertainty: Job creation Loyal customer retention The promotion of entrepreneurship and innovations.

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What to expect? Slow Growth vs Recession?

Premier BPO

So even if the number of new job openings is reduced by 20% and layoffs are increased by 20%, the US labor market will still remain tight. Nouriel Roubini, NYU professor and CEO of Roubini Macro Associates, who earned himself the title of Dr. Doom for predicting the crash of housing market in 2007 and 2008 thinks that it is likely that U.S

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How SMEs Solved These 4 Challenges Through Back Office Service Solutions?

Magellan Solutions

The dollar volume of bank loans for SMEs declined by 20% since the recession in 2007. . BPO companies have different business models to run your business smoothly. . BPO companies have the ability to widen your marketing strategy and target international customers through 24/7 operations. Lack of Financial Access.

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Outsourcing as Business Strategy During Recession

Magellan Solutions

Before the COVID-19 Global Pandemic, the world experienced the Global Recession during the years 2007-2009. million jobs were lost. It is also worrisome for them thinking that they might lose their jobs. . Some iconic brands like IBM, Apple, and Cisco were impacted, but many startup tech companies closed down.

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Is Technical Support A Significant Element To The Success Of Gadget Manufacturers?

Magellan Solutions

In that same year, we witnessed the rise in popularity of the iPhone, which was introduced in 2007. Tough job, right? We already have our laptops and our chunky personal computers back then; but in the very first month of 2010, we saw how this piece of technology dramatically shifted our lives. Well, somebody has to do it.