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The financial institution has its sharedservices and many other regional hubs in the Philippines. American Express (Amex), an American multinational financial services corporation, outsourced its customer services and other back-office tasks to the Philippines. HSBC Holdings. Transurban. Procter & Gamble .
The purpose of outsourcing was the movement of work to cheaper labor in Indian markets. Microsoft signed a three-year outsourcing deal with Infosys Technologies in 2010. This IT consulting company in India managed the internal IT services of the software giant. IBM took advantage of outsourcing to India to cut costs.
The financial institution has its sharedservices and many other regional hubs in the Philippines. American Express (Amex), an American multinational financial services corporation, outsourced its customer services and other back-office tasks to the Philippines. HSBC Holdings. Transurban. Procter & Gamble .
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