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Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 07:13 PM
Original message
Xerox CEO, an Obama appointee, may send jobs to Indian firm
Source: Computerworld

Xerox Corp., whose CEO Ursula Burns is advising President Obama on exports, last week told its product engineering employees that it is in outsourcing talks with India-based IT services firm HCL Technologies.

Some of the affected Xerox employees may see their jobs transferred to HCL, said a Xerox spokesman, but how many will be affected is not known. Xerox has "hundreds of employees" working in product engineering groups in California, New York, Oregon, the Netherlands and the U.K., the spokesman said.

Burns was appointed last year as vice chairwoman of the President's Export Council, a panel of CEOs advising the Obama administration on how to increase exports, which would lead to an increase in domestic jobs. Boeing CEO and Chairman James McNerney is its chairman.

Burns is outspoken on the need to improve the pool of math and science graduates in U.S. schools. In a recent video interview on CNN, she warned that if graduation rates in these areas don't increase, "we become a server nation; our standard of living must decline."

Read more: http://www.computerworld.com/s/article/9216954/Xerox_CEO_an_Obama_appointee_may_send_jobs_to_Indian_firm
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 07:18 PM
Response to Original message
1. So she thinks exports means exporting jobs
and she is worried about math and science as the millionaires rip apart the education system
I guess we will become a server nation with people like her
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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 07:20 PM
Response to Original message
2. that should get her a nice fat bonus
Edited on Mon May-23-11 07:23 PM by Enrique
let's look at Xerox's executive compensation.



edit: here's Ursula:

http://people.forbes.com/profile/ursula-m-burns/4692

Ursula M. Burns

Compensation for 2010
Salary $10,500,001.00
Bonus $0.00
Restricted stock awards $7,500,009.00
All other compensation $391,716.00
Option awards $ $0.00
Non-equity incentive plan compensation $1,693,125.00
Change in pension value and nonqualified deferred compensation earnings $2,584,458.00
Total Compensation $22,669,309.00
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ChromeFoundry Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 08:02 PM
Response to Reply #2
5. Makes me sick.
:puke:
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 07:26 PM
Response to Original message
3. Yep, there is no reason that product engineering is insular to outsourcing. I watched
Edited on Mon May-23-11 07:27 PM by RKP5637
it happening in Silicon Valley. Manufacturing exited and some R&D was migrating out of the valley. IT was a foregone conclusion. Just about anything in this country can be outsourced to cheaper countries. Eventually Walmart will be seen as the glamor place for employment. Frankly, I think the greatest risks to this country are the problems with our educational system and the vogue trend in this country that ignorance is cool, and that coupled with the obsession with greed in the US.

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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 07:54 PM
Response to Original message
4. So tired of that "need to improve the pool" BS.....
Code words for need more cheap ass labor.
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Doremus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 08:03 PM
Response to Original message
6. Anti-American. The sooner we start framing it as such the better.
Some might even call it traitorous. Me among them.
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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 08:31 PM
Response to Reply #6
8. +1
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-23-11 08:18 PM
Response to Original message
7. She's a liar.
Edited on Mon May-23-11 08:21 PM by girl gone mad
We are graduating far more people in math and science than there are jobs to fill in academia, and the private sector has not taken up the slack.
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