[OT] Bush Administration Won't Impede Offshore Outsourcing

Good Article

All Fortune 500 tech companies hire a lot of H1 and are very influential. Here is a start.

IBM
Microsoft
Oracle
SAP
Sun Microsystems
 
Re: Good Article

Originally posted by OmGV
All Fortune 500 tech companies hire a lot of H1 and are very influential. Here is a start.

IBM
Microsoft
Oracle
SAP
Sun Microsystems

Thanks OmGV. Let us create a list starting with yours. A couple of them testifief in the H-1B congressional hearings, Intel, Ingersoll, etc..
 
Good article.
But I can't buy the following statement by Gordon Coburn, senior vice president and chief financial officer at Cognizant Technology Solutions Corp.
"For a U.S. company to take the approach that 'No, I have to do it all here because I have to protect the jobs,' in the end, it's going to cost more jobs here because they're not going to survive, because they won't be price-competitive," said Coburn. "On a long-term basis, I think that by our clients leveraging the offshore model, they are actually protecting American jobs."

Here is my point.

U.S. companies (as well as a lot of Global companies) benefit most from the consumer spending in the USA, not from selling services/products to other countries. consumer spending is 2/3 of USA economy. If jobs keep vanishing from USA, consumer spending will also vanish slowly.
 
abhi123, I agree that jobs do vanish, what about the jobs that get created becuase of this - it will be more than the jobs lost.
 
frantic,
I don't see jobs being created "because of this". Can you please help me with some examples.

Here, we are not talking IT only, we are talking jobs from other sectors as well. Highend as well as lowend jobs are vanishing. A lot of people with good educational background are without jobs. If most of the backoffice jobs are up for export, what will remain in USA are the sales office without people having money to buy. All it will do is make rich people richer and poor ppl poorer.
 
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