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The number of finance and other back-office jobs at big companies in North America and Europe will continue to decline over the next few years, although the pace of such job losses is slowing, according to a recent report by The Hackett Group.

Hackett revised up its forecast for the number of business services jobs that will be lost in coming years in response to the International Monetary Fund’s gloomier outlook on the global economy. The business advisory firm recently estimated that another 604,000 such jobs, including finance, HR, IT and procurement positions, will have disappeared by the end of 2017.

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