Let’s talk a little bit about the scope of where the role of outsourcing is playing out right now during this recession. There was a slow down in terms of growth especially for those companies that specialized in outsourcing their services to those companies in the financial markets. For example credit card companies, banks and mortgage companies that had a lot of services being outsourced to foreign lands let go a lot of their workforce or all together closed up shop. Despite major companies like those closing a lot of companies especially those outsourcing companies found in India still saw positive growth in the last year.
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