Outsourcing and IT in the US

Paper Summary:

This paper explains that the greatest impact of company outsourcing in the U.S. has been the decrease in the number of jobs in the U.S. and, in particular, Information Technology jobs. The paper also takes a look at the reasons why the practice of outsourcing is found to be beneficial and what workers in the U.S. need to do in order to hold on to their jobs at home.
Introduction
The Impact of Outsourcing on Information Technology in the US
IT Professional Taking Job That Would Not Normally Be Considering
Loss of Income and Forced Retirement Because of Outsourcing
References

From the Paper:

"The reasons given by the companies are the international sales available abroad and operating efficiencies achieved abroad. This has led to predictions that the trend will continue from the experts in the matter. Forrester Research of Cambridge has said that off-shore jobs will remove as many as 540,000 jobs from the US in 2004 alone, and this is an increase from 315,000 jobs in 2003. The increase will continue and reach a total of 3.4 million by 2015. Other surveys by Deloitte & Touche and Diamond Cluster International also say that there will be more use of the facility of offshore jobs in the years to come in the financial services sector and information technology uses. The subject was viewed with great interest in 2004 before the period of presidential elections. They have been called names by many legislator and politicians, including the Democratic presidential candidate. In 30 states the legislators also introduced legislation to discourage companies from sending their jobs offshore."

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