BANGALORE: Indian outsourcing companies that process mortgages are seeing a decline in work orders and loss of revenue because of the US subprime crisis. Several companies have started redeploying their staff, moving some of those assigned to mortgage documentation and related services to other areas. Some company officials fear there could be layoffs if the crisis in the United States deepens further.
Read More
Monday, August 27, 2007
Subprime crisis hits BPOs handling mortgage processing
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment