Outsourcing services in the face of an economic downturn.
Mondaq Business Briefing › Nbr. 2008, March 2008
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Mondaq Business Briefing › Nbr. 2008, March 2008
Linked as:Extract
Outsourcing services in the face of an economic downturn.
In previous recessions, outsourcing activity has actually increased. Is history likely to repeat itself? And, if it does, what particular features of the current outsourcing and offshoring industries are outsourcers likely to use most?
In this time of extreme economic duress, all companies are looking for ways to decrease expenses significantly and quickly, and to streamline operations as the economy heads into what could be a lengthy recession. Not surprisingly, companies are turning to outsourcing as a means to achieve these ends. Whereas, over the past five years, industry conferences and publications increasingly focused on outsourcing as a means for transforming one's business or for improving those functions being outsourced, the recent economic collapse has put such ou...See the full content of this document
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