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The company is closing some of its American call centers while adding jobs to cheaper overseas centers, company executives have said.
Asia Society has long had overseas centers and offices — Hong Kong's was the first to open in 1990 — but it has never before built a foreign facility of this size or significance.
The overseas centers are strictly for hiring talent and observing market trends, not preludes to expansions, Kim explained.
"If the U.K. continues to attack the City, it may well find that within a few years the nation has lost one of its highest revenue earning sectors to overseas centers," said Stephen Pope, global equities strategist at Cantor Fitzgerald in London.
A company called Geomagic, a software maker, decided to close down its overseas centers in China and Europe and move their R&D to the United States.
A typical undergraduate Flagship Program commences the freshman year of study, and continues for four to five years, including a "Capstone Year" that includes a semester of study at one of The Language Flagship's overseas centers in target countries where the various languages are spoken, followed by a 4-6 month in-country work placement.
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Many companies rely on overseas data centers for their infrastructure, and Ireland is a particularly popular location — Google, Facebook, and other companies all use data centers there because of its cool climate and tax incentives.
In some cases, according to the writer, James Pethokoukis, The Post was referring to companies that already had international employees when Bain bought them or expanded overseas call centers to service overseas customers.
The automaker, which makes about 70percentt of its operating profit in North America, is also expanding its overseas design centers to tailor new models to local tastes.
Re "30 Little Turtles," by Thomas L. Friedman (column, Feb. 29): Irrespective of one's views on outsourcing, there is undeniable value in the opportunity that overseas call centers present for Americans to shape more positive impressions overseas.
The article followed other exposés of counterterrorist tactics, including The Washington Post's on the Central Intelligence Agency's overseas detention centers and The New York Times's on the National Security Agency's warrantless eavesdropping.
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