Not good news for us ...
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Flashpoint! » Blog Archive » STUDY SHOWS JOBS RAPIDLY MOVING OFFSHORE
Large firms have wasted no time reacting to the economic policies of
Barack Obama. According to a Miami-based consulting firm, The Hackett
Group, as many as a quarter of the IT jobs at the 1000 most major firms
may be moved offshore by the end of next year. They expect about 350,000
such jobs to be moved. Chief research officer Michel Jenssen added that
the data is a confirmation of a "mega-trend" and by the end of 2010 as
many as 80% of IT jobs may go overseas.
The typical company is realizing about $16 million each years in savings
from offshoring. "If you are sourcing all of your labor from high-cost
countries, you are not going to be in business [long]," he said.
Some Americans may call offshoring businesses unpatriotic. But remaining
under adverse economic conditions until they go bankrupt doesn´t seem
particularly patriotic either. To the extent businesses do what they must
to survive, they are doing their best for the country under adverse
circumstances.
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Seen here, no links to original study unfortunately:
http://www.waxmanmedia.com/2009/08/17/study-shows-jobs-rapidly-moving-offshore/
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Angus Scott-Fleming
GeoApps, Tucson, Arizona
1-520-895-3270
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