Outsourcing: Villain of the piece?
President Barrack Obama’s views on ‘outsourcing’, articulated in the run up to the US presidential elections, is a real cause for concern for the $60-billion Indian IT and ITES industry, which has grown rapidly on US orders, in the last over a decade.
Obama had spelt out his views against outsourcing and is opposed to companies shipping jobs overseas. However, one hopes pragmatism will replace the rhetoric, now that he is the US President and that he will see the mutually beneficial, ‘win-win’ strategic advantages of outsourcing.
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I was out on disability for a year- just to come back into the “PeopleSoft” world…and find there were no jobs. Yes, companies like Satyam have taken over the PeopleSoft market and shipped the jobs overseas.
As much as I disagree with most of our new “Obama-Nation” that “stimulus package” could be the answer for some of us. (Those of us that are still unemployed.) Section 1801 expands the “trade adjustment assistance” (Good ‘ole Jimmy) to the service industry. We will be “allowed” to petition our “case” for some of those trillions of dollars as of 5/18/2009:
http://www.doleta.gov/tradeact/
I encourage everyone currently “displaced” to join me. With any luck we will end up “re-tooling” the Health Care industry so it can become “Nationalized”…is it 2012 yet???