The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Live2Sail who wrote (44908)	11/20/2005 5:25:29 PM
From: Lizzie Tudor	Read Replies (1) of 306849

yes that is correct. I am very close to this issue of offshoring. 02 was the peak for offshoring in terms of the "wham bam" approach. The results were less than stellar for most. This is for call center, software development, everything. Like all business trends the benefits of doing this were way oversold. First of all the direct savings were not as high as expected, but there were other "hidden costs" (personally I think Dell is going to suffer for years for their decision to move PC support to india. They have reigned it in now, but it is too late, the damage to their rep is done). Anyway the reason it took so long for jobs to recover in SV after this recession was only partly due to the severity of the recession. A significant problem was that Gartner had every engineering and IT dept offshoring everything but the kitchen sink. After a year or two with the results, staff was rehired in the US, and now we have a boomlet in SV again. Duh. Long term, there will always be offshoring of some tasks for US businesses but it will be gradual and not many will notice- thats fine, that is what the US economy has been engaged in forever.

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