Profit

Philips plans to outsource payroll

PUBLISHED ON: November 30, 2007 | Duration: 2 min, 08 sec

  
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Philips CEO Gerard Kleisterlee is planning to outsource Philips payroll and it is believed that Infosys is the top contender in the outsourcing race.In July this year, Philips created a ripple in the Indian Information technology enabled services (ITES) space when it outsourced some non-core functions to Infosys. It is a part of Kleisterlee's strategy to focus on core activities and drive productivity.
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