Tuesday, December 23, 2003

Lucky techies 

David Zielenziger of Reuters writes:

Morgan Stanley estimates the number of U.S. jobs outsourced to India will double to about 150,000 in the next three years. Analysts predict as many as two million U.S. white-collar jobs such as programmers, software engineers and applications designers will shift to low cost centers by 2014.

But the biggest companies looking to "offshoring" to cut costs, such as Microsoft Corp. (Nasdaq:MSFT - news), International Business Machines Corp. (NYSE:IBM - news) and AT&T Wireless (NYSE:AWE - news), are reluctant to attract attention for political reasons, observers said this week.

And to all our new CS grads, good luck paying off those student loans. Of course, in Bush's America, you can always get a job as a security guard ... Or a servant ...

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