Americans Need Jobs; Firms Look to India

[OhioChick]

July 21, 2009 at 4:20 PM

The economy sucks. Americans need jobs. We hear these two facts on a daily basis, either through the local and network news, or by word of mouth.

We're constantly reminded of the economy in the local newspaper, in news posted online. While parents struggle to feed their children and look to the government to resuscitate the economy back from a near flat-line stasis, American companies are outsourcing jobs to cut costs.

Reuters recently focused on India in this article, naming many high-tech firms such as Microsoft, Texas Instruments and other companies that have set up research and development centers within the country. Reuters describes Microsoft's R&D facility, fully staffed with 60 full-time researchers, many of whom are Indians with PhDs from top universities located in the U.S.; the center covers seven areas of research that includes cryptography and mobility.

"From when a few companies offshored non-critical design work, we have seen India emerge as a preferred destination for design and development of chip, board and embedded software," said Jaswinder Ahuja, managing director of Cadence India.

Cadence Design, based in San Jose, was one of the first to set up shop in India back in the mid-80s. According to the Reuters, the company was "drawn by the legions of English-speaking software engineers who could be hired at about 20 percent of the cost of engineers in the United States."

Ouch. Still, saving money makes sense. Taking American jobs away from the American people makes no sense at all.

http://www.tomsguide.com/us/Microsoft-Intel-jobs-outsourcing,news-4273.html

[bbinacan]

1. They say

they are moving for tax reasons.

[robinlynne]

2. The answer is so obvious.... change the taxation then!

[h1ndoo]

3. Outsouncing can't sustain

Big business destroy their own market.

[Skittles]

4. the folks here hiring in India should be forced to work with them

[ChromeFoundry]

5. So...

..as we should be drawn to add an 80% tariff on their products and services imported into this country. Hey, level the playing field. Companies play protectionist games, and that's "ok" but when a country on its way to the poor house does the same, it wrong? Bullshit, tax the shit out of them...play THEIR game.

[GiveMeFreedom]

6. corporations are

posistioning themselves for emerging markets that they can suck all the money out of. They have bleed us and now they are going after India and China. Wait till corporations start financing private armies that protect their interest without government sanction. The all ready fly corporate flags to honor themselves.

[cornermouse]

7. It's called a death spiral.

[OwnedByFerrets]

8. My company, unfortunately, has hired a company in Pakistan

to do work and in the process fired 5 people making minimum wage. They know I'm disgusted with the decision, but all they look at is the bottom line.