NEWS ABOUT: outsourcing

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Let's Outsource Our CEOs

Matthew Yglesias on the wild, and arbitrary, differences in CEO pay

(Newser) - It's not exactly breaking news that CEOs make a ton of money . But as Matthew Yglesias at Slate looked through a new database of CEO pay, he also noticed that CEOs' paydays are incredibly arbitrary; there's "certainly no clear link to corporate performance." But there are... More »

Worker Outsources Own Job to China ... Makes Profit

Until the tech folks finally caught on

(Newser) - Lots of us sneak peeks at Facebook or the web while at work, but one worker at a US company took the habit to a whole new level. A software engineer identified by the Register only as "Bob" outsourced his own work-from-home job to a Chinese subcontractor, then spent... More »

Tim Cook: We're Going to Make Macs in America

He doesn't say which Mac line, or where the manufacturing will happen

(Newser) - Looks like Apple is sick of being the face of outsourcing. America's most valuable company is bringing production of one of its Mac lines to the US, CEO Tim Cook says in a pair of interviews out today. "We've been working for years on doing more and... More »

Obama Files Trade Complaint Against China

Accuses Romney's companies of being 'pioneers in outsourcing'

(Newser) - Barack Obama launched a trade enforcement case against China today, arguing that it had unfairly subsidized its automobile exports—and he didn’t hesitate to make political hay of it. As he announced the policy in Ohio, Obama took a swipe at Bain Capital's record on outsourcing, the New ... More »

Who Cares About Offshoring?

Richard Cohen says job crisis deserves more than 'schoolyard-level' debate

(Newser) - Imagine Mitt Romney had replaced lots of American workers with robots. Surely, no one would be running attack ads about that. "Robots, for some reason, are good Americans," quips Richard Cohen of the Washington Post . But the Obama campaign is running ads accusing Romney of sending jobs overseas—... More »

Romney's Olympic Uniforms Were Made in Burma

Salt Lake outsourcing caused outcry in 2002

(Newser) - Mitt Romney hasn't had much to say on the controversy over Team USA's made -in-China uniforms , and the Huffington Post thinks it knows why: When Romney was running the 2002 Salt Lake City Olympics, production of more than 10,000 torchbearer uniforms was outsourced to Burma. The Southeast... More »

Tough Ad Hits Romney on Outsourcing (and Singing)

But FactCheck.org has found fault with similar ads

(Newser) - Mitt Romney wanted the Obama camp to apologize . Instead, he got this: a brutal new ad that doubles down on the charge that Romney is an outsourcing fiend. It features Romney singing "American the Beautiful" as words pop up saying things like, "In business, Mitt Romney’s firms... More »

Left to Obama: You Outsourced Jobs, Too

Advocates say he hasn't lived up to his campaign promises

(Newser) - President Obama's attack ads have been skewering Mitt Romney for sending jobs overseas with Bain Capital, but some labor activists aren't all that thrilled with Obama's own outsourcing record, the Washington Post reports. Obama promised tax reforms that would eliminate incentives for moving companies overseas, but they... More »

In Romney's Bain History: A Lot of Jobs Outsourcing

'Washington Post' digs into securities filings

(Newser) - Mitt Romney likes to talk about the jobs created by Bain Capital, and today the Washington Post takes a look at the ones Bain helped create in places like ... India and China. During Romney's decade-plus at Bain, the private equity firm owned companies that led the way in terms... More »

Factory Jobs Moving Overseas—From China to US

It's a slow trickle, but some companies are 'reshoring'

(Newser) - Manufacturing jobs are on the move, and this time, they're headed to the US. More and more companies are "reshoring" parts of their operations, bringing a steady trickle of jobs from Chinese plants to American ones, the Wall Street Journal reports. With the dollar dropping, and Asian wages... More »

Obama to Congress: Here's Your 'To-Do List'

Items include bringing jobs back to US, tax credits for small business

(Newser) - Because Congress loves being bossed around like nothing else, President Obama will today unveil a "to-do list" of priorities, which have historically had bipartisan support, and which he says will "help restore middle class security." "At this make-or-break moment for the middle class, we need to... More »

Cash-Strapped Detroit Outsources Autopsies

Move will save Wayne County $1.5M over three years

(Newser) - With bodies piling up and funding disappearing, Detroit has decided to save some money by outsourcing its morgue operations to the University of Michigan, Bloomberg reports. Detroit’s morgue is unusually busy, with five pathologists performing autopsies on 2,400 corpses a year. Earlier this year, it had 185 bodies... More »

Firms Keep Number of Outsourced Jobs Hidden

...while asking for job-creation tax cuts

(Newser) - Major US corporations often don’t reveal the percentage of their workforce that’s overseas—even as some of these firms, including Apple and Pfizer, seek tax breaks that they say would allow them to create more jobs at home, the Washington Post reports. While they’re required by law... More »

How Call Centers 'De-Indianize' Workers

The allure of wealth drives call-center workers to shed culture

(Newser) - A salary of $5,000 per year may not sound like a lot, but in India, where per-capita income is just $900 per year, such a wage is highly desirable. That's why the systematic outsourcing of many customer service and sales lines to India, where US companies are more... More »

Goldman Axing US Staff, Hiring in Singapore

Move seen as bet against US economy

(Newser) - Goldman Sachs is planning a major hiring spree in Singapore, even as it prepares to slash its headcount in the US to cut costs. The financial giant is so worried about criticism over the job shift that it has taken the unusual step of notifying lawmakers about its hiring plans,... More »

'Made In America' Store Makes Buying Patriotic

Owner got ticked off at foreign products, sells only US goods

(Newser) - Outsourcing is a cruel mistress—but for Mark Andol, it also provided a business idea that looks to be taking off. Andol owns the Made in America store in a small New York town on the way to Niagara Falls, and as its name suggests, all 3,000 products are... More »

Multinationals Cut 2.9M US Jobs, Hired 2.4M Abroad

Skilled jobs oozed out of the States in the 2000s

(Newser) - The US Commerce Department released a report today throwing into sharp relief just how drastically US multinational corporations are shifting jobs overseas. During the 2000s, US companies cut 2.9 million jobs in the US, while hiring 2.4 million abroad—including an increasing number of highly-skilled workers, the Wall ... More »

Our Innovative Green Lightbulbs Are Made in China

Innovation costs US yet more factory jobs

(Newser) - The Obama administration often argues that promoting green technologies will create new American jobs, but tell that to the 200 guys still working at GE’s last major incandescent light bulb factory in Virginia. The factory is closing this month, thanks to a 2007 law essentially outlawing the old-fashioned bulbs.... More »

City That Fired Everyone Doing Just Fine

Outsourcing works out for Maywood, California

(Newser) - Not having any employees hasn’t been so bad for Maywood, Calif. A budget crisis forced the small city to fire literally everyone in June, and it contracted out various essential services to neighboring cities. But Maywood was so bad at handling those services itself that outsourcing has led to... More »

We're All Guilty in 'iPad Suicides'

Foxconn workers work crazy hours to build our toys for cheap

(Newser) - At least 10 young workers at China's Foxconn factory have killed themselves this year, and you could argue that pretty much everyone reading this was in some way complicit in their deaths. Why? Because Foxconn makes products for Apple, HP, Dell, Microsoft, Nintendo and more, so odds are that at... More »

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