Source: BloombergBusinessweek Special Report
Off-shoring your workforce is the resourcing paradigm for tough times . The Feb 2011 Special Bloomberg Businessweek Report on the Micro Workforce describes the impact off-shoring has had on U.S. jobs:
"While the first wave of IT offshore outsourcing happened in the late 1990s during preparations for Y2K, it really took hold after the dot-com meltdown a few years later. There aren't any statistics yet as to how much micro-outsourcing might impact the U.S. job market but there's growing evidence that the movement of work to India and other developing countries is contributing to the jobless recovery in the U.S."
"About 1.1 million jobs in IT, finance, and other areas have disappeared since 2008 because of offshoring, improvements in productivity, and a lack of economic growth, according to a December 2010 report by the Hackett Group (HCKT), which provides business-consulting and technology-implementation services. An additional 1.3 million jobs are expected to disappear by 2014, with offshoring becoming a bigger factor, the report says."
That's an incredible shift in the direction of the U.S. labor - decline not expansion in domestic job opportunities. Undeniably outsourcing your workforce saves money and even time. Read the complete BloombergBusinessweek Special Report of
CEO Guide to the Micro WorkForce.
Off-shoring your workforce is the resourcing paradigm for tough times . The Feb 2011 Special Bloomberg Businessweek Report on the Micro Workforce describes the impact off-shoring has had on U.S. jobs:
"While the first wave of IT offshore outsourcing happened in the late 1990s during preparations for Y2K, it really took hold after the dot-com meltdown a few years later. There aren't any statistics yet as to how much micro-outsourcing might impact the U.S. job market but there's growing evidence that the movement of work to India and other developing countries is contributing to the jobless recovery in the U.S."
"About 1.1 million jobs in IT, finance, and other areas have disappeared since 2008 because of offshoring, improvements in productivity, and a lack of economic growth, according to a December 2010 report by the Hackett Group (HCKT), which provides business-consulting and technology-implementation services. An additional 1.3 million jobs are expected to disappear by 2014, with offshoring becoming a bigger factor, the report says."
That's an incredible shift in the direction of the U.S. labor - decline not expansion in domestic job opportunities. Undeniably outsourcing your workforce saves money and even time. Read the complete BloombergBusinessweek Special Report of
CEO Guide to the Micro WorkForce.
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