BPO industry revenues hit $26.7-B in 2020, up 1.4 percent: IBPAP

  • 📰 ANCALERTS
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

The industry generated a total of $26.7 Billion in 2020, as BPO companies implemented flexible work arrangements to ensure continued operations amid the pandemic.

MANILA - The Philippines' business process outsourcing industry saw revenues climb 1.4 percent in 2020 even as the COVID-19 pandemic deeply affected the economy, according to data from the IT and Business Process Association of the Philippines .

Meanwhile, BPO companies also hired 1.8 percent more employees in 2020, for a total 1.32 million direct employment in the Philippines. Untal thanked the government for classifying BPO employees as essential workers, which allowed them to continue working during the pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines