The ascendency of India as an economic world power

It is bad news for new Zealand workers but it is good news for outsourcing sector of India. The condition of global economy is not good at all at this moment and that is perhaps why ANZ bank is contemplating on the idea of sending more jobs to India. As a result, some jobs in New Zealand will be lost. Some people feel that the top management of ANZ bank are very greedy and they are acting inhumanly. Others may feel that outsourcing jobs is an inevitable reality.

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ANZ jobs axed in New Zealand, some heading to India