In other news, Generalissimo Francisco Franco is still dead. On Mon, Aug 17, 2009 at 1:38 PM, Angus Scott-Fleming<angu...@geoapps.com> wrote: > Not good news for us ... > ------- Included Stuff Follows ------- > 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. > --------- Included Stuff Ends --------- > Seen here, no links to original study unfortunately: > http://www.waxmanmedia.com/2009/08/17/study-shows-jobs-rapidly-moving-offshore/ > > -- > Angus Scott-Fleming > GeoApps, Tucson, Arizona > 1-520-895-3270 > ~! > > > > >
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