"Speed recruiting" in India: Tech workers making 1/7 of U.S. counterparts

[American liberal]

But at least they HAVE jobs.

Here's a Yahoo article about some of the results of outsourcing.

http://news.yahoo.com/s/afp/20060409/wl_asia_afp/afplifestyleindiatechnologyemployment

On edit: Here's a tidbit.

-- Hiring boom --

Lured by skilled engineers who are willing to work for one-seventh of their counterparts in the United States, technology and manufacturing firms are outsourcing their activities to India, the "back office" of the world.

US-based Dell said recently that it plans to double the number of employees in India to almost 20,000 in the next three years and Anglo-Dutch technology services firm, LogicaCMG, said it will hire 1,000 people.

Cisco, IBM, Accenture along with Indian technology firms have also announced they will raise the number of Indian employees significantly.

[0007]

1. We're so screwed......

"It is like speed-dating. Earlier we had six months to hire a person. Now we have six weeks," said Sinha as scores of job hunters clutching their CVs queued at booths throughout the floor of the 20,000-seat stadium.

He said 400 candidates came to meet TVA clients and 80 found their match -- a job from companies such as computer networking giant Cisco, the world's largest business software firm SAP and supply-chain software manufacturer Manhattan Associates.

:redbox:"Cisco plans to hire 300 professionals with four to six years of experience at its research and development centre in Bangalore," Vinod Mankala, human resources manager at Cisco said in his make-shift cubicle inside the stadium where he was conducting interviews.

"This is our first experience. It has been fruitful as we may end up getting more than five specialists," he said.

:bluebox:The event is like many job fairs around Asia where prospective employees lodge applications and have initial interviews. But here, the urgency to fill vacancies mean many applicants are offered jobs on the spot.

Despite the boom in recruitment, headhunters are worried that their matchmaking services will fall short as the number of qualified candidates drops.

[madaboutharry]

2. I have a cousin who was offered to keep her

job with an outsourcing company if she was willing to move to India. I kid you not.

[Bozita]

3. What was it that JFK said about the stability of a democracy ...

... being dependent upon a strong middle class?

I've drawn a blank on this .

[Daphne08]

4. I cannot adequately express the depth of anger I feel at this

betrayal of our citizens.

It's a stab in the back of every American worker, and we're the very people who supported their businesses early on with our purchases and helped them made their profits.

It's the most un-American thing I've ever seen in my long lifetime, and I find it irresponsible and reprehensible on the part of politicians to allow this to happen to our country.

[Media_Lies_Daily]

5. And they live in an economy that costs MUCH less than ours....

...which allows them to live quite well in that economy.

None of the money outsourced to hire employees in India makes it back into the U. S. economy, and that's the double-whammy we're suffering from outsourcing. We're losing jobs, AND we're losing the money that would be infused into our economy.