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

Stretch

House Member
Feb 16, 2003
3,924
19
38
Australia
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 a moderator:

Machjo

Hall of Fame Member
Oct 19, 2004
17,878
61
48
Ottawa, ON
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.

Trade: the great equalizer. Gotta love it.