Is your job moving to India? Get used to it (Bloomberg News via IHT)
Apparently people in Mumbai were surprised and relieved to see that outsourcing and India didn't come up during the first US Presidential debate.
Well, the reason is that the debate was supposed to focus on foreign policy and homeland security.
Look for outsourcing and US job loss to feature in the next debate.
Anyway, the article says that Kerry can't keep up his anti-outsourcing rhetoric for long. In the meantime, Indian companies and the govt should try to diffuse the negativity associated with outsourcing. The companies are already doing this by setting up local (i.e. foreign) subsidiaries.
This NYTimes Op-Ed article analysed the recent job losses in the US and concluded that far more jobs were lost due to improvements in technology than due to outsourcing. (The article is now in the 'for-pay archives)Posted by Harshal at October 06, 2004 05:08 PM