With the market shrinking due to feel KPO sector in India will be able to survive for next 20-30 years? Is this sector viable from the long term job point of view?
I am hearing now a days KPO wants graduates and just trying to cut costs. They even remove some experienced guys to get twice as number of less expensive employees.
Quite a worrying situation in India now a days ? People in US/UK can give a good perspective.
Guys from India do u feel these jobs will remain for next 20 years or so ?
Investment banking is largely driven by personal relationships, so I really don’t think outsourcing is a key risk to the business model. While it’s true that some aspects of financial modeling, publishing and presentation-making are being sourced abroad, it’s not as though the face-to-face interactions of banking in the U.S. and Europe are being displaced by web-cam or tele-conference with some “less expensive labor” in emerging economies.