SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tradelite who wrote (17193)2/12/2004 1:18:43 PM
From: Lizzie TudorRead Replies (1) of 306849
 
Its hard to believe too many US companies are using that "non core functions" line anymore. That buzzword went the way of "superior talent offshore" a while back.

Part of the reason I think this whole system is in for a major upheaval, something that may well wind up as too severe and restrictive to offshoring- is because the real determination for who gets offshored has more to do with the clubby CEO environment at this point vs. anything else. Significant cost savings could be obtained by offshoring executives managing functions that at this point are largely offshore anyway- VP of customer service or that level for example. These offshore executives would make offshore exec salaries of 400K or so. You never see this level of offshoring. Otoh some really core functions like R&D that takes advantage of US taxpayer IP are going offshore.... but not the treasurer or legal teams. Come on!

My big fear is that all of this is going to get legislated back in time... too far. Barney Frank on CNN says all trade agreements including Cafta are now stalled. My view is that booming employment environments like we had in the 90s are impossible with this level of offshoring. "The capex replacement cycle" has also gone along with the jobs. Tax receipts are showing the true employment picture too, hard to deny it using the "household" survey or whatever.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext