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

Hackett revised up its forecast for the number of businessservices jobs that will be lost in coming years in response to theInternational Monetary Fund's gloomier outlook on the globaleconomy. The business advisory firm recently estimated that another604,000 such jobs, including finance, HR, IT and procurementpositions, will have disappeared by the end of 2017.

“We made a downward adjustment to these projections strictlyfollowing the IMF numbers,” said Erik Dorr, senior enterpriseresearch director at Hackett. “That paints a slightly bleakerpicture than we put out the year before.”

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Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.