Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by whitefish on Tuesday May 16, 2017 @11:01PM
(#14355295)
This will lower salaries in India for IT professionals. As a result outsourcing to India will become more attractive.
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Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by taylodl on Tuesday May 16, 2017 @11:14PM
(#14355351)
That ship has done sailed. American firms have learned what makes sense to offshore and what doesn't. Hence the carnage.
Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by nradov on Tuesday May 16, 2017 @11:34PM
(#14355441)
American firms learned that once they have thousands of resources in India it's more cost effective to just hire them as direct employees instead of going through an outsourcing company. In the long run this probably works out better for everyone, except the owners of the outsourcing companies.
Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by trhway on Wednesday May 17, 2017 @02:20AM
(#14356074)
>it's more cost effective to just hire them as direct employees
it also makes it easier to bring them later (after 1 year) into US on L1 without all these limitation of H1 like prevailing wage, yearly cap, spouse of L1 can work, GC seems to be easier (at least that seemed to be the case 10 years ago when I last paid attention to immigration)
Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by falkoooo on Wednesday May 17, 2017 @12:31AM
(#14355661)
Well german firms aren't there yet in my opinion. They propagate offshoring as the opportunity to lower costs by 90% while preserving the same quality. In my company the last "transformation" talk made clear that no department will be left untouched in the next off and near shoring activities..
Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by JanSt on Wednesday May 17, 2017 @02:33AM
(#14356128)
Which german company? That sounds stupid. I think no company profited from that over the long term, ever. Management must be stupid to think 90% of costs can be cut... if anything, costs may go up
Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by pjmlp on Wednesday May 17, 2017 @03:15AM
(#14356279)
All the German companies that belong to Fortune 500.
Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by dredmorbius on Wednesday May 17, 2017 @04:01AM
(#14356454)
P.T. Barnum citing short-cycle natality statistics on line 2.
Re:Wipro, Infosys, Tech Mahindra, Cognizant Slash Jobs
by monkmartinez on Wednesday May 17, 2017 @01:31AM
(#14355890)
I am not that old, but I remember reading a headline like this on Slashdot once... The results have been less than stellar. When my non-tech enabled friends complain about tech support, it's usually with a fake Indian accent. I think the "IT professional" in India has hurt quite a few off-shoring companies.