The point is however you put it, Indian IT companies are stealing jobs. What happens when China catches up with English in the next 10 years start doing projects at $10/hr? They will steal jobs from India. The bottomline do not STEAL jobs..
Re: Infosys is indeed stealing jobs
by thoughtfulindian on Aug 11, 2010 09:49 PM
I thought you are a bit more educated than you sound..Rhetoric from Schumer and likes has distorted your understanding of the problem..Think about the solution. Do you want Indian govt to ban s/w and services export. Or do you want Indian comapnies to shut shop?..You are blaming indians for accepting a job offer made to them in their soil..The real source of the issue is AMERICAN executive of an AERICAN company decides to get the work done in India or China..He gets his bonus by maximizing the profit by reducing cost..No body stole a job..American comanies threw away these jobs..I can understand the pain for job loss..but you are barking up the wrong tree..How many Americans would give up their jobs if BMW decides to shut down a plan in germany and open one in US for cost reasons..U will be the first one claiming at the top of your voice we are more competetive than the socialist germany...Fix your own CEOs..and before than fix your self because as a shareholder you tell them to maximize profits and put wall street on their back to track profits..They find a way to increase profits and now you see its helping the shareholder american and hurting the employee american.. I hope you get the picture of this dichotomy..Even in your imaginary world India passes a ban on offshoring ..the jobs will go some other country..Dint the American media beat up India for being a close d economy 20 years ago..Now India opened up its shores and now people from same country again feel bad
Re: Re: Infosys is indeed stealing jobs
by dayananda m on Aug 11, 2010 11:51 PM
This is the most interesting and thoughtful response I saw today.. Thank you ThoughtfulIndian..
Re: Infosys is indeed stealing jobs
by Kaka on Aug 11, 2010 09:21 PM
That is not called Stealing Jobs for the jobs are being given by the Americans of their own free will to Indian companies. If tommorow the Chinese get it, let them get it. No one is going to cry and instead it will spur us on to work harder to keep those. If it goes back to the US, well and good. Alternatives will be worked out.
Re: Infosys is indeed stealing jobs
by Anit Communist on Aug 11, 2010 09:10 PM
In China, your data is not safe.... All set and done, you can lock your data from the Govt. in India (if you want) but not in China.
Re: Re: Infosys is indeed stealing jobs
by Sam Walton on Aug 11, 2010 09:12 PM
In India it is safe is it. We pirate everything..How many instances we saw where credit card data was stolen..Answer pls
Re: Re: Re: Infosys is indeed stealing jobs
by Anup Das on Aug 11, 2010 09:19 PM
More data theft reported in US then in India . . . .Common its all petty issues . . .
Re: Re: Re: Infosys is indeed stealing jobs
by Anit Communist on Aug 12, 2010 12:03 AM
Sam, You did not read what I wrote. You can stop the Govt. from getting its hands into your data in China. In India you can protect your data.
The big corps in US are not fo_ols to skip China...
Re: Re: Re: Infosys is indeed stealing jobs
by Jason Herbert on Aug 11, 2010 09:19 PM
How can India steal jobs when they have been given to us by the American firms themselves. I mean we dont take a flight come to US and take their money and go. We work hard for it. If America doesnt want their jobs going let them pay an American the same salary they pay an Indian also ensuring they work the same goddamn hours yet maintaining service and quality. Rest assured none of these jobs will go out of US.
Re: Re: Re: Infosys is indeed stealing jobs
by Kaka on Aug 11, 2010 09:24 PM
Sam, do u think credit card data are not stolen in the US or UK or any other nation.
Re: Narayan Murty deserves being chided for being a US Sycophant
by Rana Bose on Aug 11, 2010 09:20 PM
Precise & Well said. It is very unfortunate - how could Narayan Murthy do it - it is so cheap.
Re: Narayan Murty deserves being chided for being a US Sycophant
by Abhi TwoPointO on Aug 11, 2010 09:20 PM
Didn't Tagore write that song in praise of the British King who was visiting and later tweaked it to make a national anthem?
Re: Re: Infosys is not stealing jobs
by maravan kuravan on Aug 11, 2010 09:15 PM
You are a stupid...! Without companies like Infosys... India cannot compete in global market.
Re: Re: Re: Infosys is not stealing jobs
by S Shrikanth on Aug 11, 2010 09:39 PM
Infy, TCS, Wipro are made by American companies to serve them at cheap cost. So, their business model is of a chop shop. Over 80% of the earnings of these IT companies come from American companies.
The fact is that all Indian IT Services companies are chop shops. This is also true that 80% of Indian IT workforce is scrap, but they fit very well in the business model of Infy, TCS and Wipro. These companies do not need except for low cost labor and strong marketing guys who can sell them at good rate.
And not only US, even in India you will find thousands of high caliber senior IT pros jobless as they do not fit in the business model of Indian IT industry. Some product comapanies are exception.
Re: Re: Infosys is not stealing jobs
by UsualSuspect on Aug 11, 2010 09:34 PM
Sure, you can call Outsourcing as slavery but then you would be defining slavery very loosely. Even a housewife could then be called a glorified slave. So, let's not go that route.
Outsourcing is a great way for American companies today to lower their R&D expenses and increase their profitability. They care about their toplines, bottomlines and their stock prices more than they care about Employment in America.
Forget Indian companies, companies like IBM, Cisco, Microsoft have moved and are continuing to move jobs to their facilities in India to cut costs.
If unemployment rate in US goes even higher, and wages fall even further so as to make the previously outsourced jobs look attractive then American companies might consider bringing those outsourced jobs back to US.
But senior Executives in American companies know better than that. They would rather put their focus on innovation and create a few compelling products like what Steve Jobs is doing.
There is also the flip-side of this outsourcing thing. If Indian workers didn't work for American companies, what's stopping them from founding companies and start making products that compete at least on a cost basis with American products ? Wait, isn't that exactly what Chinese companies are doing ?
This is what was expected. It's a true that in today's round the clock support of IT business, India needs America, but US needs India much more even. We are ahead in time zone and this is an advantage no one can claim this out of India and in these days systems running around the clock across the globe needs 24 hours dedicated support, no one can ignore that fact.
However, it was personal remark of a US senator and Americans have already expressed outrage over his remarks. The matter ends there itself. Unnecessarily prolonging the issue or publishing it with the intention of attracting some outrageous comments on discussion board is not ethical on part of Rediff. No exaggerated news should be displayed on any website just to flare-up the passions. There are many other ways to increase the traffic to your site.
the current mode of globalization cannot be sustained.. US cannot outsource at this rate and People cannot spend with credit buying for ever. India / China cannot support the debt for ever.
India cannot sustain this dependency on US for long and has to grow internally, increase currency valuations to reduce inflation and increase investments. We cannot be "outsourcing hotspot" for ever but have to transform.
I think we urgently need a balance in Globalization .. and calling names or protectionism is not the answer.
There has to be a Globalization trade summit with all the facts and a road map with clear action items have to be developed with sacrifices on both sides.
if we just exchange arguments on both sides then we will loose the economic recovery very soon...again
Re: Infy is a SWEAT SHOP and they stole jobs..
by Indian indian on Aug 11, 2010 08:43 PM
SAM, if u americans had gone to college 20 yrs back u guys could have retained the jobs. But 20 yrs back u guys were busy humping. now non of u can hump.
Re: Re: Infy is a SWEAT SHOP and they stole jobs..
by Sam Walton on Aug 11, 2010 08:47 PM
I am an Indian dude..Dont be jingoistic. Accept the truth. I work in Chennai..Will give u a cup of coffee if ur around here..
Re: Re: Re: Infy is a SWEAT SHOP and they stole jobs..
by Indian indian on Aug 11, 2010 08:51 PM
haha, ok but still it reffs to ameriacans. I like chennai coffee and dosa.
Re: Re: Re: Infy is a SWEAT SHOP and they stole jobs..
by Kaka on Aug 11, 2010 08:53 PM
If that is the truth, then why should the Americans earlier give those jobs to Indians, Chinese and so on. Why should they hand over such job contracts to Indian companies? What do u mean by 'Stole'?
Do u also mean to tell all those Indian companies in the US and UK who have created jobs in these places and provided employment to locals there, are also in the same line? Is not those kind of jobs being stolen from Indians? Today, business works two way street, not one way as u think.
Re: Re: Re: Infy is a SWEAT SHOP and they stole jobs..
by PINAKI DAS on Aug 11, 2010 09:00 PM
Ace
I don't know you are an American or Brainwashed Indian - global economy is a 2 way street you can't expect Indians to buy more and more of your products and close the doors on them.
India is not Africa not will it ever be - be prepared for a two way traffic
Re: Re: Re: Infy is a SWEAT SHOP and they stole jobs..
by Kaka on Aug 11, 2010 09:09 PM
ACE, if this has nothing to do with Americans, then why is the Senator barking his head off? And then why are u barking off like a disgruntled person who looks to be a failure in life. Most of what u say us is all a wild imagination of your frustrated mind. Get a life, dude!!
Re: Infy is a SWEAT SHOP and they stole jobs..
by Pranav B on Aug 11, 2010 08:55 PM
It is a natural cycle that you cant do much about it. American companies saved millions of dollars via outsourcing (manufacturing, software etc). Western world took a lot of wealth from Africa and Asia...did they not? the stole it. At least, Infy guys are earning it.
Re: Re: Infy is a SWEAT SHOP and they stole jobs..
by Sam Walton on Aug 11, 2010 09:06 PM
The point is however you put it, you stole the job. What happens when China catches up with English in the next 10 years start doing projects at $10/hr? They will steal your job. The bottomline do not STEAL jobs..
Re: Re: Re: Infy is a SWEAT SHOP and they stole jobs..
by Kaka on Aug 11, 2010 09:20 PM
That is not called Stealing Jobs for the jobs are being given by the Americans of their own free will to Indian companies. If tommorow the Chinese get it, let them get it. No one is going to cry and instead it will spur us on to work harder to keep those. If it goes back to the US, well and good.
Re: I respect Marathis a lot..
by sandip jadhav on Aug 11, 2010 08:19 PM
Hey did you forget your "father" Sachin Tendulkar, Sunil Gavaskar.. ? Can I list your all Marathi Father ? Thanks Sandip Jadhav
Re: Re: I respect Marathis a lot..
by S K on Aug 11, 2010 08:27 PM
there are so many UP bihari people are coming to Mumbai nowadays.. checkwithyourmom.. if some one of them is urfather
