article thumbnail

Globalization Benefits and Challenges

Velocity Global

This rise in nationalism is mainly due to anger from the perception that foreigners fill domestic jobs or at companies moving their operations abroad to save money on labor costs. trade deficit with China (or the amount by which our imports exceed our exports) cost Americans 3.4 million jobs since 2001.

Payroll 119
article thumbnail

Everything You Need to Know About the Philippine Call Center Industry

Magellan Solutions

As the top call center country of the world , the Philippines continuously impress global leaders because of its educated workforce, efficient labor practices, industry expertise, low labor cost, and strategic location. The Philippines has always been in a tight race with India as the best BPO services provider in the world.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Big Companies That Outsource to India and Their Struggles

Magellan Solutions

One of them is the low labor cost. The purpose of outsourcing was the movement of work to cheaper labor in Indian markets. Dell set up its first center in Bangalore in 2001 and opened a second site in Hyderabad in 2002. General Electric (GE) . Microsoft, a technology company, takes advantage of this reason.

article thumbnail

Globalization Benefits and Challenges

Velocity Global

This rise in nationalism is mainly due to anger from the perception that foreigners fill domestic jobs or at companies moving their operations abroad to save money on labor costs. trade deficit with China (or the amount by which our imports exceed our exports) cost Americans 3.4 million jobs since 2001.

Payroll 52