Indian outsourcing outshone world in pandemic; BofA added 3k jobs: Official

Bank of America (BofA) has added around 3,000 more jobs in India during the pandemic, and the country has outshone the world because of its ability to thrive in chaos, a top official said.

The pandemic presented a chance to take leadership roles, as there were no business continuity plans (BCP) prepared for a scenario where the entire world gets locked in, the US-headquartered financial institution’s country head for India, Kaku Nakhate said speaking at an event hosted by CII.

I think in this COVID time, we have been able to add around 3,000 jobs in India. We have taken a lot more work in India, Nakhate said, adding other multinationals have also witnessed similar additions in jobs.