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Hiring consultant now firing his own staff as slowdown hits BPO boomtown

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  • The only silver lining in an otherwise dreary business landscape, Shastri believes, is the possibility of the global slowdown bringing in more opportunities for India’s outsourcing industry. If the recession continues, then outsourcing becomes even more attractive because of the cost savings, says Shastri as he reels off statistics about salaries being a fourth to a tenth in India at different levels. “Maybe there is an opportunity even in the slowdown,” Shastri muses, sounding just a bit tentative.

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