While western politicians yabber on about bringing jobs back home, third-quarter results for India’s top three IT outsourcers show just how hard it is to reverse the offshoring trend. At Tata Consultancy, the industry leader by revenue, sales jumped by more than a fifth from a year earlier in dollar terms, it said last week. [...]
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US President Barack Obama once again raised concerns on outsourcing, calling out to US firms to bring jobs back home, during his final State of the Union speech before the November elections. Obama’s speech comes at a time when the US has been battling with stubborn unemployment that continues to hover around 8.5% and sluggish [...]
Tags: Company News, Developments, Economy, Factors, Insights, Job Market, outsourcing, Outsouricng Concerns, Politics, USA
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