My job as a hospital medical transcriptionist was off-shored to India almost 4 years ago. Via Dictaphone/Nuance, the work of the Indian MTs has to go through several revisions in order to be readable, so the company in the long run is probably paying them as much as they pay American MTs (4 cents/edited line), but they work 6 days a week/50 hours with no medical benefits since they have universal health care, no 401k, no family medical leave, etc.
In the long run, we will end up a third world country in the next 10 years, thanks to NAFTA. TPTB do not care about us as they are too busy chasing after the 2 billion people living in China and India to buy their products. Well, good luck with that when their economies come crashing down.
I agree....they’re impoverishing their own customers! Henry Ford knew better than this.
They already have billions...I guess it just isn’t enough. :-(