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BPO industry in Philippines seen benefitting as firms abroad cut costs due to pandemic

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BPO industry in Philippines seen benefitting as firms abroad cut costs due to COVID19 pandemic

MANILA - The Philippines' business process outsourcing industry may stand to benefit from the "next wave" of outsourcing as companies around the world cut costs due to the COVID-19 pandemic, an industry expert said on Sunday.

Gallimore said that while the average salary of a US worker is around $60,000 a year, a Filipino's salary would be just around $6,000 a year.

 

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