Friday, October 22, 2004

Outsourcing Continues in US

Sify.com reports the practice of moving American jobs overseas continues and should pick up after the presidential election.

''Some customers were waiting for the elections to be over to place outsourcing orders,'' The Wall Street Journal quoted Wipro Chief Financial Officer Suresh Senapaty in yesterday's editions as saying. He acknowledged that outsourcing has become a political issue in the United States.

Some said American politicians were missing the point in saying more education as a solution for outsourcing, since the jobs moving overseas increasingly are affecting highly educated professionals, particularly in the technology sector.

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