Peter Chong ([log in to unmask]) wrote:
: Tom Brandt <[log in to unmask]> wrote in message
: news:<[log in to unmask]>...
: > See: (watch possible wrap)
: >
: > The article quotes Carly Fiorina as saying the FTC approval "validates
: > our conviction from the outset that the merger can only enhance
: > competition throughout our markets."
: >
: How about Department of Labor approval?
: for following massive lay-off of professional people on computer field.
:
AFAIK, the DoL's permission isn't required for layoffs. And apparently
there's no requirement that layoffs be publicized, since IBM, Cisco, and
Apple have had "stealth" layoffs.
Professional people in the computer field, and those people whose jobs
are IT-enabled will become an endangered species shortly, thanks to
offshore outsourcing, where employers move THEIR jobs to India, Russia,
China, etc...
http://www.informationweek.com/story/IWK20020207S0011
InformationWeek > Business Applications >
Offshore Outsourcing Grows To Global Proportions > February 7, 2002
U.S. companies extend their search beyond India for IT help overseas.
By Larry Greenemeier
"The growing demand for inexpensive yet competent programming talent is
pushing the offshore-outsourcing market beyond its roots in India and
encouraging U.S. IT service providers to increase their use of
overseas workers..."
http://news.cnet.com/news/0-1006-200-8324464.html
India becoming world's back office - Tech News - CNET.com
"They are part of an emerging work force for India's latest export:
IT-enabled services.
These include telemarketing, helpdesk support, medical transcription,
back-office accounting, payroll management, maintaining legal
databases, insurance claim and credit-card processing, animation, and
higher-end engineering design--all of which can be delivered by phone,
computer and the Internet..."
http://www.computerworld.com/storyba/0,4125,NAV47_STO58739,00.html
Ford opens IT hub in India to save millions | Computerworld News &
Feature Stories
"Ford Motor Co.'s accounts payable processing unit in India typically
loses power three or four times each day. On top of that, it's
difficult to establish a telephone connection there. Meanwhile,
employee turnover for IT staff in this region is an eye-popping 30%
per year.
But these daunting challenges won't stop the world's second-largest
automaker from opening a major IT hub in India later this month..."
http://www.computerworld.com/storyba/0,4125,NAV47_STO60047,00.html
Outsourcers Begin to Tap Russian Talent |
Computerworld News & Features Story
Offshore outsourcing is government-endorsed policy in Australia:
http://www.smh.com.au/news/0112/04/national/national1.html
Blueprint for bosses: dump workers and head for Delhi
"Australian companies should consider moving operations to India to
exploit lower wages, says a Federal Government report.
For operations ranging from call centres to software development, the
report says there would be substantial cost savings in India.
It is the clearest Government endorsement yet of a strategy that
Australian-based companies are increasingly adopting to maximise
returns in a globalised economy. The Department of Foreign Affairs and
Trade's economic analytical unit produced the report - India: new
economy, old economy..."
--Jerry Leslie (my opinions are strictly my own)
"We don't have a democracy, we have an auction." - anon
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