US banks to keep local jobs

Two of the largest American banks have committed to retain their outsourcing operations in the Philippines, despite the recent announcement by US President Barack Obama discouraging outsourcing of jobs that now go to such countries as India and the Philippines.

Stopping outsourcing would hurt both India, US: Pranab

Chicago, Jan 30 (IANS) Reacting to President Barack Obama's tirade against outsourching, Finance Minister Pranab Mukherjee has warned that if the United States stops outsourcing jobs to India the profitability of both the economies will be hurt.

Filipinos unfazed by US aiming to bring back jobs

Call center operators in the Philippines who serve mostly U.S. clients on Wednesday shrugged off President Barack Obama's initiative to bring outsourced jobs back home.The Business Processing Association ...

While Obama frets over outsourcing, HCL Tech moves to bring jobs to US

Even as the US Government urges American companies to stop outsourcing jobs, Indian IT services company HCL Technologies has announced plans to create 10,000 local jobs in the US and Europe over the next five years.

Trend against outsourcing brings jobs back from China

Outsourcing manufacturing jobs to China is not as cheap as it used to be, and the United States is poised to bring those jobs back home.

US bill vs. outsourcing seen losing support

PHILIPPINE Information and communications technology (ICT) players said on Wednesday that the bill pending in the United States Congress barring American companies from outsourcing jobs overseas will fail to pass for lack of support.

Tax Reform May Not Bring US Jobs Back

Technology and ever-growing productivity – not outsourcing – are the main culprits behind declining jobs in the United States.