Tuesday, January 12, 2010

More Outsourcing

Walgreens and Genpact have reached agreement to have Genpact provide accounting service. Genpact is a business outsourcing company. Note where there company has centers. According to their website, "We strive to be the first mover in a location to corner talent and set industry standards. We eagerly adopt Tier-2 cities to expand the talent pool, while maintaining price advantage for our clients." In other words, they look to be "the first mover" to take advantage of cheap workers.

This is another sellout of jobs overseas when our economy needs it least.