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AOL takes passage to India
America Online is quietly laying the groundwork to hire software engineers in Bangalore, India--a decision that is sparking some pointed criticism but also is becoming de rigueur among technology companies.
US companies moving more jobs to India but quietly
David Zielenziger (Reuters)
New York, December 24
US corporations are picking up the pace in shifting well-paid technology jobs to India, China and other low-cost centres, but they are keeping quiet for fear of a backlash, industry professionals said.
Morgan Stanley estimates the number of US jobs outsourced to India will double to about 150,000 in the next three years. Analysts predict as many as two million US white-collar jobs such as programmers, software engineers and applications designers will shift to low cost centers by 2014.