Future of Outsourcing and Offshoring – is it all over? Impact of inflation in China and India. EU and America job losses future trends. Banks, manufacturing, software development. Conference keynote speaker
www.globalchange.com Massive wage jumps in India and China of up to 100% a year mean that cost advantages of outsourcing offshoring to these countries is rapidly disappearing. What next? Will jobs move back to America or Europe? Comment by Futurist Dr Patrick Dixon, author of 12 book including Futurewise. Huge salary inflation impact for senior executives in India and China make outsourcing economics harder. Up to 100% wage inflation in China and 40% in india for experienced business leaders …
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February 18th, 2009 at 3:37 pm
“Give me control of a nation’s money and I care not who makes her laws.” Mayer Amschel Rothschild
February 25th, 2009 at 9:12 pm
I am a totally superior caste and utterly vegetarian Hindu who does not even eat Ginger Garlic and I am smart because of that.
I am the smartest software tester and my wife is also on H4B and she is also working with a consultant.
March 6th, 2009 at 4:59 pm
and u to ghettos, eating burgers and sniffing drugs!
March 13th, 2009 at 11:51 am
Oh not another damn British banker telling America shipping jobs to the turd world is good for us. Don’t kyou know it’s these lousy brit bankers who are behind this whole economic mess. The USA’s economy in 90’s because too powerful and we had a SURPLUS. A Surplus means no need for debt. No need for debt means the brit bankers are OUT OF BUSINESS. So they have to try to siphon some of America’s jobs offshore in order to prevent another 90’s boom. You don’t fool us brits.
March 15th, 2009 at 3:30 pm
everyone is saying restore credit so debt can flow but due to outsourcing who can afford the debt why do u think so many people are foreclosing because the manage to keep there head above the water but after u loose your job u sink u wanna fix outsourcing then make these greedy pigs pay the same wages that they would have to pay in the us i have seen in my short life the wages decline so much pretty soon we will all be working 3 jobs its called a service economy
March 23rd, 2009 at 1:39 am
let’s talk about trade,what can we offer to the world? everything is made in china india,vietnam,corea and mexico,can we trade desert dust, golf courses or prostitutes, that’s the only thing left in the country, pretty soon the soldiers are comming back and is there a job oppening at walmart or home depot?
minerals gone,factories gone,standing armies no money, the minute the federal reserve closes it’s door and refuses to lend more money to the gov we will eat each other,end up like Argentina
March 28th, 2009 at 10:33 pm
lol its “Korea”
March 29th, 2009 at 2:44 pm
solution to all economic crisis are population control, renewable energy and the continous circulation of money, ensuring poor people to
become productive to expand the capitalist market, power of spending equals increasing production all over the glove, trying to sell the same crap to an already saturated market is ridiculous, example buy a car,pay loan,taxes,insurance,mechanics,service,parts and many other things,
It’s that what you people go to school for?
we’re doom.
April 13th, 2009 at 9:30 pm
The U.S. is not legally required to issue or extend a single H-1B visa. The USCIS states that H-1B visas are a 3 year visa (total stay limited to 6 years) for temporary, nonimmigrant workers. These workers are to fill specialty positions when this talent cannot be secured from the local labor pool. Employers are not required to advertise the positions and are given a legal means to discriminate against U.S. workers. Right now, we should not issue and not renew another H-1B visa.
April 17th, 2009 at 1:14 pm
The long term viability of all middle class jobs union and non-union are in danger. We as middle class workers need to organize in some way. We need to have some push back for the downward pressure the ultra rich power base is putting on the workers. We need a organize work force so we have some political power to turn back the one sided trade policies. We have no chance in hell to be completive with Chinese workers that make $35 a month on average.
April 17th, 2009 at 1:14 pm
The free market (or as I see it the free to go one way market) is killing the golden goose for short term gains; our economy is built on a house of cards. Its not working and it is falling apart, wake up people we lost 1.2 million jobs just in 2008 and 16 million since 2000, union and non union. How do you replace those jobs?
April 17th, 2009 at 1:15 pm
How are you as an individual going to turn back the assault on the working middle class?
April 18th, 2009 at 12:51 am
How to save the economy stop buying crap from China, the quality of American made products surpasses any product made in any other country all over the world ,except cars, some people likes to get rich fast and furious, now we own a piece of the cake lets all demand quality from the domestic car makers.
I want my Camaro what you guys waiting for I will sell my wife on ebay to get that car.
April 23rd, 2009 at 4:26 pm
The jerk-offs that are sending our jobs overseas will be out of business real soon. They went to far and destroyed their best markets. The only thing that’s left is a bunch of jobless broke Americans with maxed out credit cards that can’t even afford to buy their cheep Chinese products anymore. Take a look at profits for the fortune 500. They’ve never seen things this bad before. And after China burns through their stimulus money their jobs will be flushed down the toilet bowl to. Fucking morons
May 2nd, 2009 at 9:06 am
Hello Dr Patrick Dixon. in my opinion this happens when you did not do enough research.
I worked for a company as Techie , 9+ hrs a day, 6 days a week , in Night shifts. for 18
months.I am a IT graduate
The company i worked for one of the TOP 5 companies in the world.
I was paid 120$ PM + incentives around 30$
May 2nd, 2009 at 9:17 am
A person with No graduation who gets a job in Gulf countries get around 750$ for a job like Shop assistant, Office boy etc.And can save around 350$ if he is willing to save.
Advantages here : No need to work 6days a week, No NightJob . No sweatshops, No abuse of manpower for such a low paid job.
Theme of this story.
30 experienced , Qualified Indian workers 150$ < 1 US worker 4000$.
I never work for a BPO/Call center anymore .those who work there for such a low paid job are LOOSERS.
May 2nd, 2009 at 9:34 am
contd.#3
workers get hike only if they are promoted.
My company did not give give hike for the reason of Inflation. even though its high.
Then who is eating up the money.
1. High and middle lever Management guys
2. Company .
3. Infrastructure (crazy Real estate prices)
If the West is getting any benefit take these work Back,cause we are not getting any substantial benefit.
Note: companies like HP, MSGTS, IBM are growing BIG time india ,even after these issues you told about India
Why?
May 7th, 2009 at 11:52 pm
Why do you outsource Cheap call center jobs and BPO jobs to India keep them in US..our youngsters dn;t want US comps in India and undergo sadism…and boredom in life…
May 8th, 2009 at 12:05 am
US govt only gives work/student visas and send jobs to India..why dont you stop crap and leave us in piece…PLEASE we don’t need cheap Callcenter/Bpo jobs our youngsters need better career than this..you can’t contain them with visas/outsourcing…
May 8th, 2009 at 5:13 am
2 words (Global meltdown)
The GOP Wal-Mart economic model is good for short term gains but its a house of cards, labor is and has always been the base of economic growth. Now that Obama is closing the tax loop holes, off shore tax havens and putting the one payer health care option in place American workers union and non union will have a chance to compete on a not so tilted playing field. The next change we need is fair trade.
May 8th, 2009 at 10:53 pm
The End result of this whole Race to the Bottom = SLAVERY.
In a few years we’ll be able to buy and sell our slaves (cheapest labor force) to do our work again, unless Obama tries to stop capitalism in its tracks.
July 31st, 2009 at 1:10 am
fuck communists! you never lived in communism. you are champagne communists!
September 4th, 2009 at 11:23 pm
outsourcing puts american and european workers in direct competition with people who are shitting in a hole in the ground.This is economically unviable and unsustainable.
December 5th, 2009 at 9:31 pm
Montana programmers would get Indian-written pieces of POINTS. If they found a problem, which is common in complex computer systems, getting it fixed — or simply communicating the problem to the person who actually wrote the code — took several cumbersome steps and usually several days.
December 5th, 2009 at 9:33 pm
Montana programmers would get Indian-written pieces of POINTS. If they found a problem, which is common in complex computer systems, getting it fixed — or simply communicating the problem to the person who actually wrote the code — took several cumbersome steps and usually several days.
December 25th, 2009 at 3:51 am
Hello,
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Miato
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