Computer World overviews some new data on just how badly I.T. jobs are being offshore outsourced or U.S. workers are displaced by foreigners on guest worker Visas.
Okay, so where are U.S. jobs going? What's the data show? Data prepared by Everest Group Inc., a research and outsourcing consulting firm, shows in broad brush fashion the shift of jobs overseas by some major IT services vendors. In 2006, U.S. and European firms typically had less than 20% of their workforces offshore; Now, for most companies that figure may well be generally over 30%.
Now check out the ethnicity of one Indian company operating in the United States:
Mumbai-based Tata Consultancy Services, for instance. That company earns more than 50% of its revenue from North America, but Tata has more Ecuadoran workers than American workers, according to data it released this month.
Of the approximately 123,404 employed by TCS, not including subsidiaries, 91.7% are Indian nationals. Of the remaining 8.3% of the company's workforce, just 900, or 8.7% are Americans.
That's less than the percentage of TCS workers who are Mexican (9.8%); Ecuadoran (13.1%) or Chilean (15.3%). TCS has employees in every corner of the globe.
Unemployment in Silicon valley is 11.8% and people with technical skills are being squeezed out of their careers. Pretty astounding isn't it to see companies operating in the United States brazenly discriminating, very obviously not hiring any Americans. (DOL, now how does that work again?)
Look at this increase in jobs offshored. Blue represents the offshored jobs. (Source: ComputerWorld)