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May 10, 2004

Bank of America expands outsourcing in India

The Miami Herald reports:

"Bank of America Corp. may hire 1,500 people at its subsidiary after it opens in southern India this month, 50 percent more than previously disclosed, and the bank has reserved land that would allow for even more expansion.

"Late last year, the bank said it eventually expected to have 1,000 people at its Continuum Solutions subsidiary in the software hub city of Hyderabad, but wouldn't give specifics about work intended for the center."

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