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November 2003, Week 3

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From:
Data Center <[log in to unmask]>
Reply To:
Data Center <[log in to unmask]>
Date:
Thu, 20 Nov 2003 06:24:58 -0600
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So do we need to go offshore too if we want a job?  Are there going to be
tech jobs in Tahiti?



-----Original Message-----
From: leslie [mailto:[log in to unmask]]
Sent: Thursday, November 20, 2003 12:48 AM
To: [log in to unmask]
Subject: Re: [HP3000-L] High-tech jobs dwindle by 12%


 Tom Brandt ([log in to unmask]) wrote:
:  From the NY Times:
: ==================================================================
:
:
: High - Tech Jobs Dwindle by 12 Percent
:
: November 19, 2003
:   By THE ASSOCIATED PRESS
:
: Filed at 12:19 a.m. ET
:
: SAN FRANCISCO (AP) -- About 12 percent of the nation's
: high-tech jobs have evaporated during the past two years,
: but the meltdown appears to be in its final stages,
: according to an industry report to be released Wednesday.
:
: After wiping out 540,000 jobs in 2002, high-tech employers
: are on pace to lay off another 234,000 workers this year,
: based on figures compiled by the AeA, a trade group
: formerly known as the American Electronics Association.
:

IT offshoring is expected to accelerate from 8% to 55% in 2008:

   http://itmanagement.earthweb.com/career/article.php/3110511
   Offshoring of IT Jobs Expected to Accelerate

  "...Today, approximately 8 percent of IT work is outsourced, according
   to Gordon Brooks, president and CEO of E5 Systems, Inc., an IT
   outsourcing company based in Waltham, Mass. In five years, that number
   will have exploded to 55 percent.

   Forrester Research predicts that $136 billion in wages, or 3.3 million
   jobs, will move offshore in the next 15 years.

   Most of the analysts speaking at CDExpo say that number, as large as
   it sounds, might be wishful thinking. The actual numbers will be much
   higher..."



--Jerry Leslie
  Note: [log in to unmask] is invalid for email

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