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NEWS ABOUT: outsourcing

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Outsourcing Doesn't Stop at India Anymore

A weak dollar and rising salaries prompt search for new locales

(Newser) - If you're mad about your job being outsourced to India, don't worry: it may soon be outsourced to somewhere else. A weak dollar, rising salaries in India, and a high rate of attrition there are leading US companies to look for alternatives to the subcontintent for their outsourcing needs. Still,... More »

10 Jobs Not Long for This World

Failing industries, new technology and outsourcing are killing these careers

(Newser) - Getting a job is hard enough—you don't want one that won't be around in five or 10 years. Forbes pulls out its crystal ball to see which jobs are not long for this world:
  1. News analysts, reporters, and correspondents
  2. Economists
  3. Radio announcers
  4. Travel agents
More »

India Tech Consultants Snag Giant Deal

$1.2B outsource win puts Tata firm on scale with IBM, Accenture

(Newser) - Tata Consultancy Service has won a $1.2 billion contract with Neilsen, marking a historical record for an Indian company. TCS will provide the Dutch media powerhouse  with 10 years of infrastructure and financial management, BusinessWeek reports. The deal puts the company on the global finance map, able to compete... More »

Swiss Army Eyes Outsourcing

Opposition mounts against outsourcing a legend

(Newser) - Can a Swiss army knife be made in China and still cut it as an icon? That's become a hot political topic in Geneva since the army announced that, under WTO rules, they have to open up the manufacture of their signature knives to bids from companies in other countries.... More »

Homegrown Surfboards Fade Away

Outsourcing, technology wash over a time-honored handcraft

(Newser) - The era of hand-carved surfboards is ending, even in its birthplace of Southern California, as machines and cheap foreign labor take control of was once a thriving craft. Ten years ago, human hands shaped rigid foam to create 80% of American surfboards, but today that number is less than 20%.... More »

Obama Sorry for Hillary Memo

Ripping Hillary "dumb mistake"

(Newser) - Barack Obama has apologized for a campaign memo that vilified Hillary Clinton for her financial ties to India and her campaign efforts among Indian Americans. Particularly offensive was a reference to Clinton's affiliation as "(D-Punjab)"; aimed to link her to the sore subject of outsourcing. Obama called it a... More »

Globalization Has a Hard Chocolate Shell

Hershey to shutter Calif. operation, cut thousands of jobs

(Newser) - In a "global supply-chain transformation," Hershey will slash its domestic workforce and build a plant in Mexico. The chocolate giant projects savings of tens of millions of dollars a year, but the numbers don't mean much in Oakdale, Calif., where 575 employees will be our of their jobs... More »

US Intelligence In Private Hands

Billions a year spent on private intel contracts—but where's the money going?

(Newser) - Since 9/11, the US government has been upping spending on private intelligence contractors, doling out cash that is often classified and impossible to trace, Salon reports. 70% of all classified intelligence spending goes into private hands, making waste and corruption serious concerns. More »

Outsourcing Firms Grab Visas

Foreign companies use 30% of H1B visas to train workers in US

(Newser) - H1B visas—intended to bring high-skilled foreign workers to the U.S.—may in fact helping foreign companies to train their workers, two senators argue. Data released by Republicans Dick Durbin and Chuck Grassley indicate that nine Indian outsourcing firms use up 30% of the H1B visas granted each... More »

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