December 27, 2004
Lehman Brothers to Open Outsourcing Hub in Mumbai
Lehman Brothers has announced its plans to set up an outsourcing center in Mumbai which will be engaging staff in the hundreds. Business Standard reports:
The centre will be an enterprise wide operation handling both BPO and software development work. As far as BPO work is concerned, it is a sort of returning to India by Lehman as it had earlier ended its voice business engagement with Wipro Spectramind.
At that time Charlie Cortese, MD for information technology, Lehman Brothers Holdings, had said the company was not ending or pulling back on outsourcing and asserted that “overall numbers involved in outsourcing will go up next year.”
Read more: Lehman Plans Outsourcing Hub in Mumbai
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