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Too big to fail
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Forget the war, we have bigger problems...
McNealy / Sun recruiting Indian developers, jobs to go to India. March 4, 2003 - http://zdnet.com.com/ 2100-1104-990931.html
Dell: Dell lays off 5,700 employees and sends their jobs to India. http://www.h1bprotest.com/protest/overseas/9o.asp American Express: Called American Express lately? Americans no longer answer the phone, India does. http://news.com.com/ 2102-12-964069.html Oracle: Oracle to increase work force in India http://news.com.com/ 2100-1017-935735.html?tag=prntfr Sprint: Sprint moves jobs to India. http://www.jacksonville.com/tu-online/stories/ 022102/ bus_8678251.html HP: Hewlett Packard is boosting its staff in India from 1,500 to 5,000. http://www.gnp.org/layoffs.htm Microsoft: Microsoft to invest $400 million in India http://boston.internet.com/news/article.php/1498941 IBM: At IBM's Bangalore headquarters, more than 3,000 developers write code for IBM customers. http://www.indiagov.org /US_Media/2001/aug/ ZDNet%20Printer%20Friendly%20-%20Virtual%20India% 20At%20Your%20Service.htm Cisco: Cisco, plans to invest $200 million in India, layoffs in the U.S. http://www.indiagov.org/US_Media/2001/aug/ZDNet%20Printer%20Friendly%20-%20Virtual%20India%20At%20Your%20Service.htm Intel: Intel to invest up to $200m in India. http://www.ciol.com/content /news/repts/102083001.asp Quark: http://maccentral.macworld.com/news/0204/05.quark.php Network Associates: Network Associates to double India R&D staff. http://www.theworkcircuit.com /news/OEG20021211S0003 Motorola: Motorola has announced plans to invest $13m to set up an R&D facility in Bangalore, India. http://www.theworkcircuit.com/ news/OEG20021108S0006 Tech companies shipping U.S. jobs overseas: http://www.zdnet.com/anchordesk/ stories/story/0,10738,2856761,00.html
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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Friend of Warren
Join Date: Oct 2000
Location: Lincoln, NE
Posts: 16,495
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Sounds like I need to do some investing in India.
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Kurt V No more Porsches, but a revolving number of motorcycles. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Like I have been saying....Irak is about the keeping the Global Economy running like a well oiled machine.......and the above post is proof positive.
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Copyright "Some Observer" |
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What?!?!
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GE Medical Systems does too. When I get a dispatch and call in, the phone rings in India.
Every day my customers complain to me about the language barrier. At least they can't install parts and calibrate from there.
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running shoes, couple tools, fishing pole 1996 Subaru Legacy Outback AWD, 5speed 2002 Subaru Impreza WRX, 5speed 2014 Tundra SR5, 4x4 1964 Land Rover SII A 109 - sold this albatross |
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B58/732
Join Date: Feb 2000
Location: Hot as Hell, AZ
Posts: 12,313
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Yep. My dept is no longer permitted to hire US citizens. We can only hire from our India site (Bangalore? Can't remember). Trouble is, communiciation difficulties and time differences means two of them are less than one of us.
Fortunately I seem to have built some job security into the products I support (i.e., horrible documentation and extremely complicated to use). Wonder when the US companies laying off US workers will realize they can't sell their ultra-expensive products anymore, because the deficit-spending American public no longer has the credit to afford toys? It's not like HP is going to sell $3000 computers in India, when they're paying their Indian employees $200 a week.
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ΜΟΛΩΝ ΛΑΒΕ I don't always talk to vegetarians--but when I do, it's with a mouthful of bacon. |
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Too big to fail
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And it's not about 'being competitive' - the cost savings go straight to the top in the form of bonuses and golden parachutes.
The middle class is headed for implosion. We're going to have an uber-wealthy upper class, and then everyone else clawing all over each other to mow their lawns, serve their coffee, clean their houses, etc. Within our lifetimes we'll see the self-destruction of capitalism just like we saw the self-destruction of communism.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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B58/732
Join Date: Feb 2000
Location: Hot as Hell, AZ
Posts: 12,313
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Hmm. Time for me to start building in more "job security" features....
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ΜΟΛΩΝ ΛΑΒΕ I don't always talk to vegetarians--but when I do, it's with a mouthful of bacon. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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The ideology of the left eg the Democratic party is that the collective is better and the government knows the best way to spend your money.
The implosion of the middle class has been going on since the 1980's...it now takes 2 to work, burgeoning credit card debt etc etc....I've heard that same old story for years...he!! I even used to sell it like the holy gospel..... End of Capitalism hardly.just more multinational's and globalization of economies thats all....it's more like the decline of the Nation State.....everybodies partial to their own neighborhood and sometimes they have squables though????????
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Copyright "Some Observer" |
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Senior Member
Join Date: Jan 2001
Location: Left Coast, Canada
Posts: 4,572
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Mmmm......then India must not be the hell hole we thought it was?
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'81 SC Coupe "Blue Bomber" "Keep your eyes on the road, and your hands upon the wheel."- J.D.M. |
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Too big to fail
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Quote:
India is still a hellhole; all of the jobs are going to sanitized (for your profit) tech-meccas like Bangalore, while the rest of the country continues to live in corrupt squalor.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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drag racing the short bus
Join Date: May 2002
Location: Location, Location...
Posts: 21,983
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Thom, those aren't problems...
...learning to call french fries "freedom fries - " now that's a problem...
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The Terror of Tiny Town |
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Too big to fail
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Re: Thom, those aren't problems...
Quote:
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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Registered
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Quote:
As for the anti-India statements - if you have object to companies moving operations overseas, put your money where your mouth is and pay more for American made goods or companies with American only support offices. I work for a software company and we employ quite a few Indian programers. I can honestly say, they are among the hardest workers we employ. Not only very capable, but a great work ethic and attitude. Yes, we should keep a lot of jobs here. Unfortunatley, the President is sinking the economy for his own egotistical goals. |
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B58/732
Join Date: Feb 2000
Location: Hot as Hell, AZ
Posts: 12,313
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Keep your eyes on this case, folks, it may (though probably not) change our "globalizing" employers' tunes:
http://news.com.com/2100-1011-993123.html?tag=fd_top
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ΜΟΛΩΝ ΛΑΒΕ I don't always talk to vegetarians--but when I do, it's with a mouthful of bacon. |
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