Comments on: Cisco to inject $1.1 billion in Indian operations
The networking firm sees better opportunities as India's telecom market expands.
The networking firm sees better opportunities as India's telecom market expands.
January 2, 2010 11:43 AM PST
January 2, 2010 9:41 AM PST
January 2, 2010 6:00 AM PST
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- Keep jobs in U.S.
- by pentium4forever October 19, 2005 12:07 PM PDT
- Keep jobs in U.S., enough setting up stuff in India and overseas. If only John Kerry would have won the election last fall.......
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- Re: John Kerry
- by Rusdude October 19, 2005 12:56 PM PDT
- I wish Kerry wouldn't won too, but that wouldn't have changed much. While there're differences between parties regarding social/religious issues (gay marriage, education, insurance, etc.), they're all pretty much aligned with businesses. Who do you think contributes hundreds of millions of dollars to the part coffers? Make long story short, outsourcing would still continue.
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(4 Comments)Outsourcing will probably continue because of growing globalization which will demand some degree of presense in the foreign countries. In-sourcing (moving jobs to rural areas of the US from large urban areas with their high costs of living and, hence, high wages) is an increasing trend. Although you're probably not going to like it either.
A more long-term solution is for the US to differentiate and become more high-tech, offer skills and technologies that are difficult to replicate. Yes, that might mean that most programmers, accountants, or call center people will work in China, India, or Russia. However, the more prestigious positions would remain in the US. Just think of it like textile industry -- most of the clothes is made in Asia but we're pretty used to it by now because other more rewarding jobs are available.