Knowledge@SMU
Publication Type
Journal Article
Publication Date
4-2007
Abstract
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. --------------------------------------------------------------------------------
Disciplines
Business | Strategic Management Policy
Copyright Owner and Holder
Copyright © Singapore Management University 2012
Licece/Creative Commons Licence
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Article ID
1052
Subject(s)
Strategic Management
Citation
Knowledge@SMU.
As Citigroup Increases Its High-Skilled Headcount in India, Will Others Follow?. (2007).
Available at: https://ink.library.smu.edu.sg/ksmu/354