Posts Tagged ‘India’

The impending decline of IT wages in the U.S.?

Tuesday, March 31st, 2009

I ran into this interesting article on the Computerworld blogs and the upcoming trend is that the IT workers in the U.S. will eventually have to equalize with workers in other parts of the world in order to stay competitive.

IBM is increasingly outsourcing the IT work to India while keeping the high paid executives here in the U.S. (sound familiar?) to manage offshore teams. I guess its sort of like Walmart buying cheap chinese goods and selling back to the consumers here in the U.S but instead its technology being developed in places like India and China and being resold back to the U.S. corporations.

From the article:

Ron Hira, an assistant professor of public policy at the Rochester Institute of Technology and author of Outsourcing America, says this chart represents a departure point for IBM.

“I think this moment was so important because it was when Big Blue made the fateful decision to compete by substituting low cost workers in India and elsewhere for high-cost American workers,” said Hira. “Instead of choosing to compete by investing in better tools, technologies, and training for their American workforce, they chose to compete their American workers head to head with workers in other countries who can afford to be paid less. And they gave those workers in low-cost countries the same, or better, tools, technologies and training, as their American workforce,” he said.

Is IT the next domino to fall?

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CEO is beaten to death by dismissed employees

Monday, September 22nd, 2008

The Chief Executive Officer of a company in India was beaten to death by a group of dismissed employees inside the offices after a company meeting was adjourned. From NDTV.com:

L K Chaudhury, the CEO of Gradiano in Udyog Vihar of Greater Noida, was killed when the agitating workers turned violent and beat him up, Senior Superintendent of Police (Noida) R K Chaturvedi told a news agency.

As the clash erupted, Chaturvedi said, a security guard opened fire in air.

About 20 people were injured in the clashes. Chaudhury was rushed to Kailash hospital where he was declared brought dead.

No golden parachutes there. Looks like India is handing out golden gloves instead…

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