Another BPO firm gears up for expansion
Posted on February 13th, 2010
Another opportunity rises for job seekers as another business process outsourcing firm (BPO) gears up for expansion. The Stream Global Services Inc., a BPO company which is partly owned by the Ayala group is looking to fill up 1,500 seats in the 60 days and open one or two more new sites during the first half of the year.
Scott Murray, chairman and chief executive officer of Stream Global Services, said in a briefing last week that the company actually is seeking to reach as many as 50,000 employees here in the country. They have, at present, an employee base of around 11,000.
He said, “In the next 60 days, we will hire 1,500 new employees. We’ve never seen such significant demand for the Philippines as in the 45 days. We’ve had a lot of client visits. We want to grow to 50,000 within three to five years, and be the second biggest employer here, next to the Philippine government.”
The company’s operation in the Philippine soil, according to Murray, contributes to about 20 percent in their global revenues at present. He added that, depending the how much more new business the country would be able to generate for the company, how well its employees perform and how supportive the government would be in the coming months, the Philippines’ revenue contribution to the company could reach 30-4 percent.
Right now, Stream Global is doing site evaluations, as it prepares for its programmed expansion for the year. It wants to determine which areas would be the best locations for the company’s new facilities, Murray noted.
He said, “Our next site could be in central Manila or Cavite, or we can still expand in the buildings where we are already in. We really need to expand soon because we’re almost at full capacity now.”
