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North Carolina is paying Cognizant Technology Solutions 3 Million Dollars of Tax Payer money to Outsource Jobs to India (please check the details about CTS before commenting on it)!!! Great Job by state and local officials in spending the tax payer money in the most in-appropriate way.
Not a rant.. NPR had a program on it today morning... Cognizant Technology Services is an IT outsourcing company with 75% of revenue/business from US BUT 75% of employees located in India.. hope that clears your doubt.
I suppose the 1487 already employed in Charlotte and the additional 500 in NC are all bots, while the actual humans are in India.
You don't understand how it works.
These people (and we are talking about placeholder positions) will be employed to move other jobs to India. Typically companies like this operate by making a deal with another corporation to take over their IT. The work is and employees are transferred to Cognizant (or others), then the operations are combined with operations being performed remotely overseas and the redundant ones in the USA are laid off.
These people (and we are talking about placeholder positions) will be employed to move other jobs to India. Typically companies like this operate by making a deal with another corporation to take over their IT. The work is and employees are transferred to Cognizant (or others), then the operations are combined with operations being performed remotely overseas and the redundant ones in the USA are laid off.
True, most of the "new jobs" are existing IT jobs that will be discontinue at top employees in the area (banks, healthcare, etc).
So at the end our state and area will loose since top local jobs (salary and benefits) are traded for lower pay and mostly outsourced replacement jobs.
I suppose the 1487 already employed in Charlotte and the additional 500 in NC are all bots, while the actual humans are in India.
Shame on you!!! for supporting this kind of shady acts (taking tax payer money with the help of politicians) by big businesses even though you work in IT and know exactly how these outsourcing firms operate.
I have no idea what the ratio of on-shore vs. off-shore is for Cognizant, and I doubt you know either, but my guess is that over the past 3-5 years it's moved in favor of more on-shore resources. The days of mass off-shoring are over. Too many companies have been burned by the promise of cheap labor, only to realize the sacrifice in quality and cost of rework totally killed the value proposition.
Many companies are now requiring a ratio of 50:50 with some going as high as 90:10.
Cognizant had 130,000+ employees in India and 30,000 in US (this is public information you can get over internet... look for IT company details in Indian websites).. that clearly demonstrates their onshore-offshore model... most of the outsourcing firms keep 10% in US and 90% in Offshore (India/Any Other low cost countries).. that is how they make profit...
Issue here is using the Tax Payer money to fund these kind of operations.
Issue here is using the Tax Payer money to fund these kind of operations.
How about this doozy: [url=http://www.charlotteobserver.com/2014/12/16/5387680/audit-nc-labor-dept-improperly.html#.VJCxJivF-1g]Audit: NC Labor Dept improperly paid for 100-mile commute | CharlotteObserver.com[/url]
Local media outlets report Kisha Holmes, deputy administrator of the department's Wage and Hour Bureau, got the reimbursement for mileage, meals, hotels and parking related to her commute from Lexington to Raleigh. The Department of Labor improperly paid her more than $9,400 to commute 100 miles from the worker's home in Lexington, according to state auditors.
Paid to drive to work! We're getting screwed everywhere!
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NPR had a program on the issue today...
