Global Outsourcing
Is global outsourcing an opportunity or threat? Well the numbers say a lot; according to a recent report by Forrester research, 3.3 million U.S. jobs in less than 15 years are expected to be lost overseas by 2015. What is worrying most people is not the amount of jobs leaving, but the types of jobs leaving. As reported in NOW With Bill Moyer’s (2003), a new wave of jobs are leaving U.S. shores: software development, customer service, back-office support, product development and other white-collar jobs.From the numbers posted above you would think that global outsourcing is bad right? Well this is not the case. Those that are against global outsourcing only have a few claims one being the loss of American jobs. This is true, there is a decrease in American jobs, but this is only temporary. When people start spending more money the economy will pick up, thus creating more employment opportunities. In case people have forgotten, we are still in or slowly coming out of a recession. As a result, jobs were lost anyway. For instance, many airline employees lost their jobs because airline companies were losing money because people were scared to fly after 9/11. Losing money=lay-offs. The airline companies losing money had nothing to d
Some topics in this essay:
China India, Bill Moyer’s, Southeast Asian, Information Technology, Silicon Valley, According Evalueserve, , India” Samuelson, Ultimately American, Friedman Globalization, global outsourcing, jobs leaving, american jobs, jobs created, costs overseas, global outsourcing bad, companies losing, outsourcing enhances, 2004 pg, samuelson 2004, airline companies, companies losing money, 2004 pg a19, limiting global outsourcing, airline companies losing,
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Approximate Word count = 1387
Approximate Pages = 6 (250 words per page double spaced)
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