As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow?
On April 11, Citigroup CEO Charles Prince announced a massive restructuring program that involves cutting 17,000 jobs and moving more than 9,500 to locations in low-cost countries. Citigroup watchers expect some 8,000 jobs to head for India, including the outsourcing of select high-end back-office f...
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2007
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sg-smu-ink.ksmu-13532018-07-09T04:25:53Z As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow? Knowledge@SMU On April 11, Citigroup CEO Charles Prince announced a massive restructuring program that involves cutting 17,000 jobs and moving more than 9,500 to locations in low-cost countries. Citigroup watchers expect some 8,000 jobs to head for India, including the outsourcing of select high-end back-office functions. If that phenomenon gathers momentum beyond the financial services industry, the U.S. could lose far more jobs than previously predicted across the skills and wage spectrum. India Knowledge@Wharton spoke with Wharton professors to understand this emerging trend in global job movements. -------------------------------------------------------------------------------- 2007-04-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/ksmu/354 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1353&context=ksmu http://creativecommons.org/licenses/by-nc-nd/4.0/ Knowledge@SMU eng Institutional Knowledge at Singapore Management University Business Strategic Management Policy |
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On April 11, Citigroup CEO Charles Prince announced a massive restructuring program that involves cutting 17,000 jobs and moving more than 9,500 to locations in low-cost countries. Citigroup watchers expect some 8,000 jobs to head for India, including the outsourcing of select high-end back-office functions. If that phenomenon gathers momentum beyond the financial services industry, the U.S. could lose far more jobs than previously predicted across the skills and wage spectrum. India Knowledge@Wharton spoke with Wharton professors to understand this emerging trend in global job movements. -------------------------------------------------------------------------------- |
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As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow? |
| title_short |
As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow? |
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As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow? |
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As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow? |
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As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow? |
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as citigroup increases its high-skilled headcount in india, will others follow? |
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Institutional Knowledge at Singapore Management University |
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2007 |
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https://ink.library.smu.edu.sg/ksmu/354 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1353&context=ksmu |
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