Outsourcing goes full circle as Indian firms look to the U.S. for cheap labour


Stretch
#1
Is this a taste of the future? Outsourcing goes full circle as Indian firms look to the U.S. for cheap labour

Large corporations that have boomed in India amid the country's nimble economy have been drawn to the U.S. where unemployment has soared.

Struggling residents desperate for work are paid between $12 and $14 a hour to be stationed in tiny cubicles for long shifts of telesales work.

In a stark contrast and further sign that global power is shifting from the West to the East, the economies of the U.S.- and many European countries - have spiralled downwards

Aegis Communications, based in Mumbai, joined the growing number of overseas companies opening centres in the U.S. to take advantage of the high unemployment.

Webmaster's Commentary:
Great (to some small degree) for those desperate for work; however, I would imagine that the work enviornment for these people is a real far fall, economically and physically, from the jobs they had before.
Last edited by Andem; May 26th, 2011 at 08:17 AM..Reason: fixed formatting
 
Machjo
#2
Quote: Originally Posted by StretchView Post

Is this a taste of the future? Outsourcing goes full circle as Indian firms look to the U.S. for cheap labour
Tags: ECONOMY
Large corporations that have boomed in India amid the country's nimble economy have been drawn to the U.S. where unemployment has soared.
Struggling residents desperate for work are paid between $12 and $14 a hour to be stationed in tiny cubicles for long shifts of telesales work.
In a stark contrast and further sign that global power is shifting from the West to the East, the economies of the U.S.- and many European countries - have spiralled downwards
Aegis Communications, based in Mumbai, joined the growing number of overseas companies opening centres in the U.S. to take advantage of the high unemployment.
Webmaster's Commentary:
Great (to some small degree) for those desperate for work; however, I would imagine that the work enviornment for these people is a real far fall, economically and physically, from the jobs they had before.

Quote has been trimmed, See full post: View Post
Trade: the great equalizer. Gotta love it.
 

Similar Threads

13
Full circle.....
by petros | Jul 15th, 2009
0
UN outsourcing Reforms
by Jersay | Mar 6th, 2006
2
Outsourcing
by Jack Thomas | Oct 6th, 2005
3
Article on the 'outsourcing' of torture
by Hard-Luck Henry | Aug 15th, 2005
4
IT Outsourcing
by lionel2 | Jan 10th, 2005
no new posts