Profile of Paul McDougallEditor At Large, InformationWeek
News & Commentary Posts: 3695
Paul McDougall is a former editor for InformationWeek.
Articles by Paul McDougall
posted in April 2006
The Labor Department had ruled that downloaded software wasn't a product, so workers didn't qualify for the program.
Companies lay off workers for many reasons--they're employed in a unit that isn't profitable, they worked on a discontinued product, the employer is downsizing, etc. Or they work in an industry that's losing ground to foreign competitors with lower costs. Given the myriad ways in which one could suddenly find himself or herself out of a job, is there any justification for the government singling out the latter category for special benefits--like an extra year's worth of unemployment payments?
Outsourced computer programmers now can collect the same benefits routinely extended to factory workers who have seen their jobs disappear amid a flood of cheap manufactured imports.
Financial results show that more businesses are looking overseas for IT services
Satyam plans to increase salaries 18% to 19% in fiscal 2007 to retain and attract staff.
Wipro's revenues increased 30% year-over-year to $2.4 billion, while net income jumped 28% to $456 million.
While earnings posted a 21% gain over a year ago, sales of business and technology services fell 1.2% to $11.6 billion.
A new study shows that handing IT projects to third parties--often based in far-flung corners of the globe--isn't saving corporations as much as is widely believed. Predictably, critics of the practice have been quick to seize on the report as proof that outsourcing isn't justifiable considering its supposed impact on U.S. jobs. But they're missing the point.
One review finds that after expenses, outsourcing reduces the cost of some functions by only 15%.
The total value of all large contracts signed in the first quarter of 2006 increased 173% year-over-year to $22.7 billion, but companies aren't saving as much as expected.
Were I an Indian or Chinese IT worker or engineer, I'd be smiling after reading Monday's editions of Le Monde or Il Tempo. That's because I'd know that a job currently located in France or Italy is coming my way. I'd also be secure in the knowledge that after this week's events, there's almost zero chance that a multinational I might want to work for--say, IBM or Siemens--is going to choose Western Europe (with the possible exception of the U.K. or Ireland) over my country as t
EDS wants to buy Indian outsourcer, while CSC puts itself up for sale. Are more deals on the way?
EDS, which now has 3,000 workers in India, plans to increase its workforce there by both making acquisitions and hiring individuals.
As Congress considers a massive expansion of the H-1B visa worker program, opponents of the plan should consider this: Failure by federal lawmakers to allow more skilled IT workers into the country will result in more U.S. corporations simply outsourcing their computer work to India or some other offshore locale where skilled help is plentiful and cheap. Is that what you really want?
The subject of rumors for months, Computer Sciences Corp. is exploring "strategic alternatives to enhance shareholder value, including a potential sale of the company."
EDS says it's offering $380 million to acquire a 52% stake in Indian business process and software development outsourcer Mphasis BFL Ltd.