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To: S. maltophilia who wrote (256897)8/20/2003 6:32:46 PM
From: RealMuLan  Read Replies (1) | Respond to of 436258
 
They even transfer tax accounting job to India now. H&R takes the lead.



To: S. maltophilia who wrote (256897)8/20/2003 6:34:06 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
now you can understand why US "productivity" is rising <GG>

JP Morgan Chase, which began using the research services in May, said: "Our objectives are to provide support for our existing sector teams, improve productivity and continue to differentiate the quality of our research."

Banks say the arrangement helps make expensive US-based analysts more productive, and India is ideal for outsourcing because of its education levels and lack of language barriers.


it shows up in trade deficit numbers



To: S. maltophilia who wrote (256897)8/20/2003 7:38:20 PM
From: Pogeu Mahone  Respond to of 436258
 
<<US investment banks are transferring work to India as they revamp equity research departments... >>
so is Verizon
we don`t need no stinkin jobs..