Tuesday, April 04, 2006
5,000 jobs lost and 5,000 jobs gained. Who ends up the winner?This is the flat world Thomas Friedman loves so much. Story One: Computer Sciences to Consider Possible Sale, Cut Jobs
April 4 (Bloomberg) -- Computer Sciences Corp., the world's No. 5 computer-services company, said it will explore strategic options including a potential sale of the company and announced plans to cut 5,000 jobs. Story Two: CSC to double headcount in India
TUESDAY, APRIL 04, 2006 05:06:24 PM
CHENNAI: California based Computer Sciences Corporation, which currently has an employee strength of 5,000 in India, will increase the headcount to 10,000-12,000 by next year, a top company official said.
posted by Quiddity at 4/04/2006 05:54:00 AM
5 comments
Who is the winner with East India company was founded as the first corporation.
India and China accounted for 80% of world GDP 300 hundred years ago.
Pepper was the black gold then.
Go read guns and streal if you want to know
what the west has done in every continent.
So don't talk about winner and loser.
I've read Guns, Germs, and Steel, and it's a pretty bad book. Many "just so" explanations for the way things are. Diamond completely ignores the Renaissance and Enlightenment as factors making one culture/region advance.
Isn't the end-product of your anti-immigration ideas to make it easier for companies to move jobs over there than people over here?
Anon1: India would not be an economic superpower today if it hadn't been for the evil exploitation of 'the west.' India wouldn't even be a united country if the British hadn't colonized it, also ending such barbaric practices as the Cult of Thugee and Sati (the burning alive of widows). And I don't see how moving service jobs from the US to India is a benefit to humanity; it seems rather a way for investors to make windfall profits by cutting benefits and labor costs to near zero, while decreasing both employment and tax revenues in the US. Don't talk about winners and losers?!?
Look, as an enlightened liberal, I can conceed that there are some very valid criticisms of 'Yankee' imperialism... But that still doesn't mean I'm willing to let India pauperize half of America in return.
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