A new tidbit regarding outsourcing I saw today (4/10) in the news:
http://news.yahoo.com/s/afp/20060409/wl_asia_afp/a fplifestyleindiatechnologyemployment
Those U.S.-based undergraduates considering majoring in computer science should think long and hard about their choice and do the math: outsourcing currently at 700,000, with projected 40% growth *for the next 5 years* (I am assuming they meant 40% per-year growth), with revenues currently sitting at $5.1B. Granted, the numbers are from a lobbying group (NASSCOM), but probably have some grouding in reality...
Know what this means, U.S. kids? It means that many mighty U.S. companies *aren't even considering you* for new college grad jobs in computer science; their HR guys are camped out in a stadium in India interiewing a steady stream of cheaper foreign labor, making an offer on-the-spot to a bright young kid from IIT or another Indian institution. Maybe it's a job at the company's site in India, maybe there's some type of offshore work visa involved, but the bottom line -- good for Indian guy, bad for you. All you need to do is look at the numbers to see where the growth is, and it's not stateside.
Also, the article states
"...the nation's outsourcing industry would face a shortage of 262,000 professionals by 2012 and that already many university graduates lack the necessary skills to fill available jobs."
Hmmm....I'm not quite sure what this means -- *no* recent grads, foreign or domestic, are qualified for these jobs? In any case, use of the phrase "outsourcing industry" tells me that these jobs are earmarked for offshore consumption. In my opinion, this is not good news for a U.S. resident college graduate with a BS (or perhaps even MS) in CompSci who is seeking employment.
Slashdot Mirror
A new tidbit regarding outsourcing I saw today (4/10) in the news: http://news.yahoo.com/s/afp/20060409/wl_asia_afp/a fplifestyleindiatechnologyemployment
Those U.S.-based undergraduates considering majoring in computer science should think long and hard about their choice and do the math: outsourcing currently at 700,000, with projected 40% growth *for the next 5 years* (I am assuming they meant 40% per-year growth), with revenues currently sitting at $5.1B. Granted, the numbers are from a lobbying group (NASSCOM), but probably have some grouding in reality...
Know what this means, U.S. kids? It means that many mighty U.S. companies *aren't even considering you* for new college grad jobs in computer science; their HR guys are camped out in a stadium in India interiewing a steady stream of cheaper foreign labor, making an offer on-the-spot to a bright young kid from IIT or another Indian institution. Maybe it's a job at the company's site in India, maybe there's some type of offshore work visa involved, but the bottom line -- good for Indian guy, bad for you. All you need to do is look at the numbers to see where the growth is, and it's not stateside.
Also, the article states
"...the nation's outsourcing industry would face a shortage of 262,000 professionals by 2012 and that already many university graduates lack the necessary skills to fill available jobs."
Hmmm....I'm not quite sure what this means -- *no* recent grads, foreign or domestic, are qualified for these jobs? In any case, use of the phrase "outsourcing industry" tells me that these jobs are earmarked for offshore consumption. In my opinion, this is not good news for a U.S. resident college graduate with a BS (or perhaps even MS) in CompSci who is seeking employment.