Slashdot Mirror
India Tech Giant Warns Trump's 'Radical Shift' to Hurt Industry (bloomberg.com)
The vice chairman at Tech Mahindra, one of India's largest technology services companies warned that U.S. President Donald Trump's visa policies will damage the industry as his company reported weak earnings and his stock fell the most in almost two years. From a report: Tech Mahindra said net income was 5.9 billion rupees ($91 million) in the fourth quarter, compared with the average analyst estimate of 7.8 billion, according to estimates compiled by Bloomberg. The U.S. is tightening the criteria for visa programs that Tech Mahindra and other outsourcing companies use to bring skilled foreign workers into the country. Trump and other politicians have criticized the programs for hurting American workers and allowing companies to use cheaper employees from abroad. Tech services companies, including Cognizant Technology Solutions, have been cutting positions in India. Some workers have blamed Trump for prompting the job losses and exacerbating problems in the industry.
Omg Tech Mahindra. We only have problems with them.
Good riddance!
Progressivism: Parasites helping parasites to help themselves - to other people's stuff.
American companies with incompetent contractors any longer?
Employment by foreign workers is a privilege, not an entitlement.
Finally, a president that actually demonstrates care about US workers, and also actually follows through on at least some of their campaign promises.
I despise Trump with a passion, but I can't argue with this one.
The visa program has served no purpose other than to cause North American wages for tech workers to stagnate because companies could simply bring someone over for cheap. There have been more than plenty of stories of companies inventing positions that exactly matched the resumes of offshore works *just* so they couldn't be filled by local people.
There has *never* been a shortage of qualified talent in the west. At least, there hadn't been. There may well be so now, since the shenanigans North American companies have been playing have driven candidates right out of the field.
Good riddance you underpaid cockroaches! Stop stealing jobs that you can't do without tons of hand holding!
...Slashdotters don't know what to hate more. Cheap IT outsourcing of entire departments through abuse of the VISA program, or, Trump.
A study after the dot com bust predicated that the IT industry will have a shortage of 1M skilled workers in 2030 from baby boomers retiring and foreign workers going home. Nature is taking care of the baby boomers. Trump is getting rid of foreign workers. Now is a good time to be in IT.
Some workers have blamed Trump for prompting the job losses and exacerbating problems in the industry.
How exactly can Trump be responsible for the job losses from outsourcing to India? Does he own a DeLorean? As far as I know he has had nothing at all to do with the instigation of H1Bs, though I'm sure he has used them on occasion.
Is this a case of "let's blame Trump for the bad weather"?
...Poor company that make money off if the backs of others.
Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! ...
Sorry, I just couldn't help myself. They can't interview customers, they can't write a report, they're incompetent at writing a spec, and they lack basic programming skills. But they're CHEAP! (And, I've never seen a client who found them less expensive on an overall-project-wide effort. Only bean counters love 'em.)
The headline is incorrect. This Indian VP dude is afraid it will hurt HIS industry, not THE industry.
To Terminate, or not to Terminate, that's the question - SCSIROB
he's made some pronouncements, but so far just words. Talk to me when some legislation is being voted on. Or hell when he's rescinded Obama's 2014 executive order allowing H1-B spouses to work in the country. I noticed a _lot_ more female tech workers after that... And it got through while the economy was (and is) still crap. So far Trump is all populist talk and Goldman Sachs action.
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Tech services companies, including Cognizant Technology Solutions, have been cutting positions in India. Some workers have blamed Trump for prompting the job losses and exacerbating problems in the industry.
I'm sure they regret voting for him in the last election now.
Oh wait...
Why would these people assume a foreign president has their best interests at heart again? If they want to get angry about unemployment, it should be at the people actually responsible for their corner of the world.
What's his "or else"?
What's he going to DO if Trump cuts the shitty Indian programmer "industry" out of the US market?
NOT ground British Airways?
Threaten to stop delivery of shitty, bug-ridden software?
I'm shaking in my boots. Sure I am.
ROFLMAO.
I've had the misfortune of having these utterly inept assclowns come and mess up our codebase. Their leaders talk a good game, but their coders write garbage and have cost us money.
Our greedy, short-sighted managers then brought them in to take over maintenance of a bunch of old applications, having learnt absolutely nothing.
These people prey on Anglo-Saxon MBA culture to always go for the cheapest option, no matter what. The Western disease of MBA penny-pinching false economy, coupled with their own greed and complete ineptitude is a cancer.
Tech Mahindra should kindly do the needful, and STFU.
"The industry is changing and I'll probably get fired. I must spread FUD!"
Table-ized A.I.
Sounds like my job in a way. There are high-end tools available that the contractors could use to get their jobs done faster, but they're not available because a full-time employee accidentally installed the wrong patch on 10K+ workstations. The logic of this restriction is, "Can you imagine what would happen if a contractor used the same tool?" Never mind that the colossal screw ups were caused by full-time employees and the contractors had to clean up the mess.
This president does not give one tenth of one shit about US workers. He still owns a visa mill. His "deals" brokered with Ford and Carrier turned out to be completely fake, just as we believed at the time. Nothing he does will save auto industry jobs, coal industry jobs, or any other kind of job. Even rolling back the CAFE standards would actually be detrimental to US automakers, at least the competent ones.
Too bad there isn't a champion, someone with leadership and broad vision, to come forward and oppose him!
it might mean the companies have to work a little more (very little) to get 'em, but the goal is jobs going to Americans. I haven't seen any evidence of that whatsoever (unless you count the places the H1-B's sometimes shop at as 'jobs for Americans', which the pro-H1-B side does).
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no, most violence is carried out against trump supporters, not by them.
have you seen my sig? there are many others like it but none that are the same
That any country would act like they have a right to the US labor market? I don't think much of Trump but I agree with this move. When companies start replacing staff with H1-B visa holders, that's when it's gone too far.
It's our country and, if we decide you can't come here, that's too damn bad. What really gripes me is the suggestion that anyone outside the US thinks they have a right to come here and work. Let me say this in all sincerity...fuck you.
That's our life, the big wheel of shit. - The Fat Man, Blue Tango Salvage
We have to use them as our first choice for contractors at work. EVERY SINGLE one they have sent us - we sent back within two weeks because they didn't know the technology, don't know how to code their way out of a paper bag. Can't write code that even compiles! Their people are just cr@p! THAT is why they are losing money! I bet NO ONE wants their resources because they suck! I can get Americans RIGHT out of college that are FAR superior than their folks that supposedly have 5-7 years experience!
I hope they lose enough money they go OUT OF BUSINESS!!!
The Truth is a Virus!!!
Let's discuss "most deaths."
It little behooves the best of us to comment on the rest of us.
ROFLMAO
You should be shitting your pants and peeing down both legs.
The business channel for major US tech is outsourcing and visas. Because of that, American students are avoiding tech.
The US brokers that handle foreign workers for the major players like Apple, Facebook, Google, Microsoft, etc., are laying off local administrators.
Trump's "Buy America; Hire America," only works if those things actually exist.
Meanwhile, shareholders don't give a flying shit where workers come from.
Trump is stepping on your dick.
Wishful thinking? Or simple close-mindedness based on "Ewwww, Trump's a RETHUGLICAN!!!!"?
If Trump is stepping on my dick, what the hell was Obama doing?
Cutting it off, grinding it up, and feeding it to the sharks?
If you haven't noticed, Silicon Valley tech companies and their billionaire 1%er owners that are behind the outsourcing of technical labor to India are HUGE supporters of Democrats. Who coincidentally LOVE illegal immigration - another giant sucking sound for jobs.
And along the way, Obama et al decided I need to "pay my fair share" so he could give MOAH FWEE STUFFS to "people that look like him"? (What's that? Half-WHITE and raised in Indonesia?!?!?!)
All the while, he was bailing out his bankster billionaire 1%er supporters.
If you liked the guys doing all that, your characterization if Trump as "stepping on my dick" is about as worthless as tits on a bull.
Because if you liked the guys doing all that, you're living in fantasyland. You actually think Democrats care about you. Yep, you actually believe in the ONE party that's behind the utter collapse of inner city schools - leaving black children without hope, trapped in an endless cycle of poverty, doomed to vote for "MOAH FWEE STUFFS!!!!" because they've been abandoned, left alive only to vote "D".
But they'll "help" you too...
Fuck that shit. I don't need to pay $6,000 a month in taxes just for fucking lazy freeloaders to whine about minimum wage not being high enough or lard-ass layabouts to pine for a "guaranteed minimum income", or to make sure some always-drunk-or-high won't-get-a-fucking-job pothead gets "free health care" so he can get a liver transplant to replace the one he pickled.
Just so the damn Democrats can get your vote - so they can sit as Secretary of State and sell control of the US uranium industry to the biggest Russian donors to their "charitable foundation". So they can say to YOU "At some point, YOU'VE made enough money." Then when they're ex-President they turn around charge $300,000 for a 15-minute speech.
Yeah, fooled YOU, haven't they?
Fuck that shit. You can't get a good job? You made your bed. Lay in it. I have a family to raise, kids to make sure have a future. You wanna flush your future running around "punching Nazis" and violently shutting down any ideas you don't agree with, like the good little brainwashed progtard Brownshirt you are? It ain't on me to bail your worthless ass out. GFY.
Serioiusly. GFY With a fifty-foot flaming telephone pole covered with splinters from two decades of lineman climbing up and down the pole with spikes.
No, I don't think Trump is out to help me.
But he ain't out to HORSE FUCK me in order get money to bribe people to vote for him.
You really need to lay off the chems.
It little behooves the best of us to comment on the rest of us.
To shift revenue from foreign companies to US companies? Sounds like Trump is doing exactly what he promised to do.
IT America has started to have enough of outsourcing. The code is generally cheap and awful. What's anecdotally weird is the few clients I've had that also paid their overseas team to do basic data entry did not get a good price on the typing jobs, the rate seemed like a US data entry rate ($10 - ~$14 hr). They got a good price on someone trying to learn frameworks on the clock but they didn't get finished product.
Not really, no. There are plenty of good tech workers right here in the U.S. already. Students will move back to tech once the glut of under-employed U.S. tech workers is absorbed.
I'm no fan of Trump, but even a stopped clock is right twice a day.
Outsourcing generally leads to poor quality work and a lack of standards. I have yet to work with an outsourcing company that can remotely compete with home raised talent and skills.
do we really wanna talk about most deaths with the only variable being whether someone is pro trump or anti trump? because from where i look, cities tend to be anti trump vs rural areas being pro, and MOST "deaths" seem to take place in the cities, by people who most certainly didnt support trump.
now, this isnt saying that this is a good way to look at it or come up with any kind of useful information, but if thats the only variable, i stand by my statement. between the gangs in the cities and antifa in colleges, the violence is much stronger on the left
have you seen my sig? there are many others like it but none that are the same
Unless the clock is right three times a day.
So, what you are delicately trying to say, is:
Fuck you, i've got mine.(And if you were smart, you would do the same thing!)
There's just one problem with that. This mentality leads to systems that self-destruct, as the vital infrastructure required to sustain them is systemically removed to meet your absurd desires of both "self enrichment" + "Oppression/disablement of others". Basically, your money (which is a promise to have work done for you, and nothing more.) becomes less valuable, because you have destroyed the availability of labor, by removing the labor itself (the jobs to be done) from the market.
This will do nothing but cause a massive market contraction when taken to the extremes, which is exactly where people like you are driving it towards.
Good luck living the high life, when the standard of living drops like a stone.
Basically, these people will never admit that they're wrong and their views are cockeyed.
The most they'll ever do is devolve into autistic screeching if you try to force a real answer out of them.
Chas - The one, the only.
THANK GOD!!!
There are plenty of good tech workers right here in the U.S. already.
The definition of "good," is not what you think it is.
"Good," is defined by the people who hire.
"Good," in this context, is, "cheap."
It little behooves the best of us to comment on the rest of us.
[Mumbai Accent] Hello, this is Bob from Microsoft. We have detected that you are infecticated with a computer virus. We would like to enter your system and fix this for you. We just need access and a credit card...
Chas - The one, the only.
THANK GOD!!!
You are more full of shit than a Christmas turkey.
Try to focus on the ball. It's the small round thing called white supremacy.
It little behooves the best of us to comment on the rest of us.
Regardless of our political leanings, I think the majority of us Americans in the technology industry approve of Trump in at least this one area.
Well, that's off the table now. They'll have to settle for good as in competent. Why should I shit my pants over employers having to pay employees what they're worth?
...you'll find it in the dictionary in between shit and syphilis. It's high time countries started forcing companies to take care of their own instead of being allowed to bring in cheap Indian replacements. Let India solve it's own labor problems.
BeauHD. Worst editor since kdawson.
Are you kidding? Who was the other candidate that actually had a lengthy Death List? Hint: It wasn't Trump.
Daylight savings time only ends one day a year, though.
So Tech Mahindra has weak earnings, and it's Trump's fault? Just b'cos Tech Mahindra can't keep bringing in Indians in for every req they have. A recruiter I know told me that they have a policy of hiring only ethnic Indians (be they US or Indian citizens), and very rarely do they prefer Americans. The sooner they're driven out of the US market, the better.
Congress should pass a special law banning Tech Mahindra from using any H1Bs, L1s or anything like that. It won't hurt the industry, just losers like Tech Mahindra, Syntel, et al
Why should I shit my pants over employers having to pay employees what they're worth?
Because employers are not the ones taking a hit.
You are.
It little behooves the best of us to comment on the rest of us.
Fail.
Trump is making America hate again and you're enabling.
Shame on you.
It little behooves the best of us to comment on the rest of us.
Not exactly. The Conservatives - the ones in the Heritage Foundation, American Enterprise Institute, Club for Growth, et al, still believe that companies should have the freedom to hire anyone they want, even if it means making it easier to legally migrate. Their problem: Trump has run away w/ their party. When someone wins the White House by carrying states that haven't voted (R) since President Reagan's 49 state landslide in 1984, it's tough to argue w/ him, let alone stop him from calling the shots in the party.
What's new here is the Economic Nationalists - the people like Bannon, Sessions, Miller, et al, who do not believe in making it easier for companies to offshore jobs and then resume selling their wares in the US. And that's likely to become a growing and increasingly powerful faction in the GOP, displacing the classic George Will, Steve Forbes, Charles Krauthammer types who believe in letting the market simply work its magic, no shackles involved.
You have already done that with your previous posts. I am just striking back.
No, I'm really not. Sure, prices of some things may go up a bit, but by the time you factor the number of units software development costs are amortized over plus the savings brought by higher quality development (yes, Indian programmers can be great, but Infosys doesn't typically hire those programmers), the additional cost is quite small.
Nice disaster porn wet dream, broham. But ya know... the kind of guy who would actually become a despot in a failed state is likely neither anonymous nor cowardly. Just sayin'...
There are lots and lots of us big city people who prefer Trump over the establishment. You know that he made his name as a New York real estate developer, right? Whatever else be might be, Trump is a city boy.
PS: fuck the suburbs and the know-nothing self satisfaction they seem to engender.
A good start, but it's time to make them feel the same pain that they inflicted on Americans.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
I find people with attitudes like his very funny. Because if it does go down how he portrays. somebody like me will have him kissing the ground telling them where his food and weapon supply is.
Slashdot consensus seems to be:
- Tech is not a good place to work, avoid if possible
- Tech requires innate, DNA level qualities for people to find it attractive (hence women aren't interested)
- Any attempt to increase the labour pool is to drive down wages or some kind of social justice jihad
- Only westerners are any good at it, Indians in particular all suck so hard most can't even get their code to compile
- Companies prefer this level of incompetence because CEOs prosper in the short term from the cost savings, even though it's been happening for decades apparently
- It's so bad some places are 90%+ Indian, but for some reason in the US rather than just opening an office in India where wages are even lower
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
I am not an economist and most of my "education" in economics consists of news magazines and the EconTalk podcast.
But whenever I talk to someone online or in person who has an economics background, we often get around to the topic of whether economics has a zero-sum component to it and nearly all of them say it does not.
I can always think of lots of examples in the short run where it is zero sum -- a firm has a finite revenue in a given period, thus profit is a finite value, and how that profit is distributed is zero sum -- if more is paid to the CEO, that means less is available to be paid to everyone else.
This seems like another example of zero sum outcomes -- a finite amount of capital is allocated for labor costs, and more spent in the US means less spent on Indian outsourcing firms.
Check me out. I live in a big city. You may have heard of it. Las Vegas. And what he explains is 100% true. And your rebuttal just made you look like more of a fool than this site thought you were. So please take your ball(identity politics) and go home. We don't want to play with you.
I did not vote for that pussy-grabbing coke-snorting tiny handed bully.
You did.
Own it.
It little behooves the best of us to comment on the rest of us.
I checked you out.
You don't want to play with anyone whom you don't know. They scare the shit out of you.
And, there's no cure for people like you.
It little behooves the best of us to comment on the rest of us.
You negated yourself.
It little behooves the best of us to comment on the rest of us.
I didn't know that, as US of A, we have a responsibility to keep the India's tech sector afloat, by allowing them to dump their tech workforce as a cheap replacement for American workers. What a shocker. These guys are far worse than the entitled minded millennial generation.As far as I am concerned, they can pack their bags and go home and stew in their own pot. For the past 20 years, US has given too much leeway to these clowns. Time to reclaim it back.
__________
The more I know people, the more I love animals
Typical response from a liberal snowflake troll. No one cares about your opinion anymore.
OWN THAT!
Let me guess. You say that because my comment history shows that I really only chime in on stuff I actually know about instead of just spewing bullshit off at every turn like you and a lot of the slashdot community does? Sorry but I observe and learn more than I spew bullshit. You should try it some time.
Only if you consider yourself brutally assaulted when a gnat lands on you.
If you want to crap your pants over $0.50, that's your call, there are probably people who will give you a dollar to let them video it.
It has nothing to do with when we change the clocks, forwards or backwards. And it's right three times a day every day.
You cared enough to respond.
It little behooves the best of us to comment on the rest of us.
You guessed wrongly.
I didn't check out any of your stuff.
Thanks for playing.
It little behooves the best of us to comment on the rest of us.
Ahh I see. You're just full of shit. Makes sense.
Add another requirement: MUST speak CLEAR, fluent English!
That will weed out another 80%!
Self-importance and self-indulgence is the root of ALL evil.