Tech Firms Defend Moving Jobs Overseas 2064
bobcows writes "Yahoo is reporting about leading technology companies urging Congress and the Bush administration Wednesday not to impose new trade restrictions aimed at keeping U.S. jobs from moving overseas, where labor costs are lower. 'There is no job that is America's God-given right anymore,' Carly Fiorina, chief executive for Hewlett-Packard Co., said Wednesday. 'The problem is not a lack of highly educated workers,' said Scott Kirwin, founder of the Information Technology Professionals Association of America. 'The problem is a lack of highly educated workers willing to work for the minimum wage or lower in the U.S. Costs are driving outsourcing, not the quality of American schools.'"
Re:Trade restrictions.. (Score:2, Informative)
Re:Holy cow (Score:5, Informative)
Although the way the story was posted on
Re:moving jobs overseas (Score:5, Informative)
Carly Fiorina never said it (Score:2, Informative)
Re:You've had the bad luck (Score:2, Informative)
Re:You'd expect that from someone making millions (Score:2, Informative)
Comment removed (Score:4, Informative)
Job search suggestions (Score:5, Informative)
Re:Outsource expenses - CEOs (Score:4, Informative)
Re:Holy cow (Score:4, Informative)
Re:Outsource expenses - CEOs (Score:3, Informative)
Re:Outsource expenses - CEOs (Score:3, Informative)
Re:moving jobs overseas (Score:5, Informative)
While my experience is not going to represent every factory, I have worked in a factory, on the floor. It really opened my eyes to a world which I had previously known only through stereotypes and the media.
Re:Jobs are earned, not stolen or given (Score:2, Informative)
Doing a better a job? I don't think that's it. They might be doing just as good a job (and sometimes an inferior job -- so says my brother-in-law who had to fix their programming mistakes), but the working wage of $12,000 a year is why high tech jobs are being outsourced to Indian companies.
Re:Pay foreigners US minumum wage! (Score:3, Informative)
Actually, even doctors aren't safe (see here) [cwa-1062.org]
Re:Not Funny! (Score:4, Informative)
<br><br>
It was <i><b>found</b></i>? Surely you mean it was theorized? For it to have been found, you'd have to do a study. You'd have to actually replace the CEOs of a bunch of publicly traded corporations with random people off the street and see what happened. Let's just say I'm a bit skeptical that very many corporate boards would volunteer their companies as participants in this study.<br>
So lets assume it was theorized. Well, I theorize it is bull. Which is not to say CxOs are necessarily worth what they are paid.<br>
If it were up to me, CEOs would get a very modest salary, plus a bonus equal to some multiple of the stock price 5 or 10 years later.
Re:Not Funny! (Score:2, Informative)
Replacing the steel rotor hubs on my car would cost me $70 a piece with American steel or $40 a piece with an identical part made in Taiwan. Where's the cost? Surely not all labor?
I don't have an answer...