Corporations and their CEO’s are only looking to their own bottom line and wallets with little concern for their employees. If they don’t hit their 20% increase in profits over last quarter, guess what…more employees in the US will get laid off. Even if they could increase more by cutting a relatively few higher executive’s insane salaries by a small amount, they will just lay off a few dozen/hundred/thousand lower-end workers. Their work still has to be performed by someone because unlike the majority of executives who could be outright fired with no impact to the company, the lower end worker’s job had measurable productivity that will need to continue to be accomplished by someone. This usually means outsourcing.

That 25k a year the US employee was making just gets replaced by half a dozen foreign workers for less than 10k a year. Sure they may do a worse job overall even with the increased amount of people to do that one person’s job, but they don’t care about that…the $ has increased Now. Little thought is also paid to the fact that the majority of their customers are from the US and they just took away the money that would later be sent right back to them as their employees were also their customers. This means that in future quarters they won’t hit their margins and just have to lay off more people and further perpetuate the cycle.

We’re already at the point where our country is falling behind technologically and even our astronauts are going to have to start hitchhiking just to even get into orbit. How many more cities in India are we going to let our US corporations build from nothing while our population begins to starve and economy collapses?

IT jobs are dwindling away to practically nothing, so what kind of message are we sending our younger generations? How are they going to see any benefit in pursuing careers that require them to be intelligent and use their brains if those are the type of jobs that have the highest risk of being lost?

I think if there were laws that required the majority of a US-based company’s employees to be in the US for them to operate and have their corporate offices and executives based out of the US, then we’d see a massive improvement in our economy in the long run. Companies like HP that outsource close to 90% of their workforce need to be held accountable.

Either that or convince their accountants that there’s more profit to be made by insourcing their workforce and outsourcing their executives

Oh poor Mark Hurd took a 5% decrease in his multi-million dollar salary while taking a few thousand away from people who don’t even make 30k to ‘avoid laying people off’. Then they give the employees a ‘bonus’ which is really just the money they should have made had their pay been left alone. Afterward, they still make the lower wage, and good ole Mark starts laying people off again.

So glad that Ron Rittenmeyer ran EDS into the ground so he could cash out to HP and have Mark lay all of the US workers off. There’s no way they could understand having Any US employees considering every single one of their production factories is in India.

It’s funny considering HP used to be a client of EDS and now they own us. I still call myself an EDS employee and would be ashamed to say I work for HP.

I think what should be done instead of passing laws against outsourcing the public should get together and banned from purchasing products from those companies that do outsource. Hit them where it hurts!!!!