posted by ShyK at 16:52
This entry is part 2 of my rants on this subject. The part 1 can be found at http://shyk.blogspot.com/2004/11/impact-of-offshoring-it-jobs-on-us.html ... The numbers say that approx 2% of IT Spending will be/was diverted to Offshore. Does that really reconcile with what we “know” – Every one of us knows somebody who has lost a job or may be one of us has lost his/her job. Is the 2% really a BS then? Not really – for we do not account for the fact that Y2K and the dot com boom substantially increased the jobs available. There was bound to be a slump once these jobs were gone. We also do not account for the fact that at least some of the people who lost jobs (in 2003) have since gained jobs. Lets see what the numbers have to say…Let me refer you to the IT Workforce Study – 2004 conducted by Information Technology Association of America which is based out of Arlington, VA. I quote - “The U.S. IT workforce gained population in the last year, moving up two percent from 10,312,650 in 2003 to 10,526,289 in 2004."
Ugh Ugh… 2% seems to be a recurring phenomenon. But seriously - the disconnect between the job losses and the number of jobs increased comes from two factors – I quote – “A recent study by the McKinsey Global Institute, an economics think tank, calculated that for every dollar spent on a business process that is outsourced to Or on a more frivolous note an article from the New York Times about an offshore center – “All the computers are from Compaq, the basic software is from Microsoft, the phones are from Lucent, the air-conditioning is by Carrier, and even the bottled water is by Coca-Cola” Additional Labels: India, IT, Outsourcing | ||
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