Reply #1: Remember: It's a JOB-LOSS recovery [View All]

[ozymandius]

Outsourcing to cut 10% IT jobs in US: Gartner

MUMBAI: Research firm Gartner on Tuesday said that 10% of the IT professionals working in IT services firms in the US will lose their jobs to the global offshore outsourcing business by the end of ‘04. However, these are rough estimates and do not take into account IT jobs that will be lost in firms which are not providing services. These jobs will be lost, as offshore outsourcing has become a business reality and a “mega-trend”, Gartner officials said. They will be shifted and sent offshore to countries such as Russia, China, Philippines, and India.

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