Citi, GE and BoA among American companies to fuck US workers out of $4B in wages

[MindPilot]

TCS leads race for Sony's $100-million outsourcing deal

30 Jan 2009, 0004 hrs IST, Pankaj Mishra, ET Bureau

BANGALORE: India’s largest software exporter TCS is leading the race to win an outsourcing contract worth $60-100 million from Sony, the Japanese electronics giant struggling under huge losses and a high cost operating structure.

-snip-

This is the first in a series of IT contracts - valued at over $250 million - to be awarded by the world’s second-largest electronics maker over the next two years. With this, Sony joins other global biggies like Citi, GE, BT and BoA, which are expected to award around $4-billion worth of new outsourcing contracts this year.

--snip-

Customers such as Sony, with around $40 million offshore IT spend, are likely to outsource newer projects of infrastructure management and back-office work, as they derive cost benefits from their ongoing engagements.

Infrastructure management is going to be the next growth engine for Indian outsourcing companies, as more customers seek to outsource management of their IT infrastructure, including desktops and servers.


http://economictimes.indiatimes.com/Infotech/ITeS/TCS_leads_race_for_Sonys_100-million_outsourcing_deal/articleshow/4049341.cms


We will soon get to that point where nothing works and as close as you will ever get to getting it fixed is "Your call is very important to us. Please continue to hold..."

[crikkett]

1. tax them - it's what kerry wanted to do. n/t

[MindPilot]

2. Tax them? OK, but how about just flat-out prohibiting them

from outsourcing?

[crikkett]

4. THAT my friend is un-american. IMO Business should have freedom to choose

but there should be consequences for choice.

[MindPilot]

5. Un-american? How is protecting American workers is "un-american"?

American companies should not be allowed to bring in foreign workers unless they can prove there is not one single American citizen left to hire. And any company getting bailout money shouldn't be off-shoring. Period. If they can't find a worker in the United States, they don't need the worker.

[crikkett]

6. You only need to look at the American business climate for the last 30 years

to understand the answer to your own question.

As for what you think should happen, that's great. But it's not what is.

[slipslidingaway]

3. K&R n/t