Thursday, March 27, 2008
From the Brad "Free trade is great" DeLong files:
Gone are the days when AT&T and other U.S. companies had to hire locally, [Chief Executive Randall Stephenson] said.
"We're able to do new product engineering in Bangalore as easily as we're able to do it in Austin, Texas," he said, referring to the Indian city where many international companies have "outsourced" technical and customer support workers.
"I know you don't like hearing that, but that's the way it is," he said.
The good news is that global supply of engineers is tight, so the TI CEO may find outsourcing's not as easy as he wants it to be.