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TOUGH TIMES: Western companies closing down back-office facilities in India is to slash costs during the recession.

TOUGH TIMES: Western companies closing down back-office facilities in India is to slash costs during the recession.

Western firms shutting shop in India: WSJ

Many Western companies have recently sold or closed back-office facilities in India, reversing a decade-long trend as companies look to slash costs and eliminate headaches during the recession, according to the Wall Street Journal.

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