The India Outsourcing Boom

Outsourcing has reached inescapable momentum according to The National Business Review. This is another article reviewing the stats of offshore outsourcing and suggests American jobs lost to outsourcing were lost to the tight economy first.

"The effect is astonishing. AMR said that services companies Infosys and Wipro increased their revenues by 40 per cent and 36 per cent and their staffing by 46 per cent and 35 per cent, respectively, in the past 12 months. IBM -- which is everywhere cited as a leader in offshoring, both in India and the EU -- and Accenture are expected to add 15,000 additional offshore jobs to the Indian economy by the end of next year."

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