Cisco to invest US$50 million, triple workforce in India's Bangalore

India Daily ^ | Oct. 21, 2005 | Harish Baliga

[The Duke]

I was one of those onshore programmers who was threatened by offshoring. My solution was to start my own offshore operation, and I've got to say it's been a great (and profitable) experience.

And the kicker is that one of our top customers is from India, go figure!

And, with regard to all the money supposedly going offshore...much of it has actually come directly back to the USA as tourism (I would say the *real* winner here is Mickey Mouse).

[dr_who_2]

Mmmm. Perhaps if you stick pins in effigies of these mean Indians that you speak of, they'll be in such pain that they will regret laughing.

If you believe that, I doubt that you'd ever have a chance of getting employed as an engineer for Cisco Systems.

[ottothedog]

My point is that Chambers sees a benefit to his company for doing this, and there are other U.S. Cisco stakeholders besides employess/potential employees. I don't think that it is an issue of being loyal to the US. Now, if you want to see where it is an issue, ask a journalist if they are US citizen or journalist first. :)

[gonewt]

It's just capitalism. If these Indians will work for $15k/year, it's good for American CEOs, and what's good for American CEOs is good for the rest of us.

</sarcasm>

[nickcarraway]

Bangalore's IT dream fades in the rain (IT's not all right in India's Silicon Valley)

[old-ager]

> Big Business has given up on the concept of nations

Of course. Our nation has to require allegiance of everybody who operates here. Damn the multinationals.

[RFT1]

Lets see, when the political changerover comes, when stagnant/in decline wages reach a tipping point, those CEOs can be fully accountable to their now very over taxed shareholders.

Every day I am more convinced the US will become a full social democracy, with national healthcare, more than half the workforce on Fed, state or local payroll, with not just wefare making a full comeback, but think of not just a safety hammock, think of a safety suite.

It is sad that a bunch of morons run Wall Street.

[RFT1]

It is a short term view, wantying to get an increase in profit in the most rapid manner possible. The sad thing is though, in the long term, it rots the viability of US based companies to compete because eventually, foreign workers leave to start up their own firms, with the profits not going to US based shareholders, but foreign shareholers.

[RFT1]

Here is a question. Do you want the US to become an EU style social democracy welfare state? Do you? Do you understand that a vote from a displaced worker is the same value as the vote of some manager?

There is going to be a tipping point, and I think it will be far sooner than later that a large part of the GOP base that is most impacted by this economic nonsense will just simpily stay home come election day, or worse, in spite, vote for a Democrat.

[dr_who_2]

No and no. Wishful thinking on your part. There seems to be a lot of it on this thread and little else.

[RFT1]

I am the last one who wants the govrenmnet to run the health care system, much less the US turning into a EU style state economically, but those will be the logical end results as US workers become more and more economically stressed.

Job outsourcing(and immigration) has put far more stresses on the US workforce, and sooner or later there will be a tipping point politically, and there will be a heavy price to be paid.

[ottothedog]

I don't think that long term that it will be used as a cost cutting mechanism. Take a look at the article that I linked to above that showed the cost saving are not that great. Companies will have engineering teams around the globe to take advantage of the global talent pool, and to cater to specific markets. I just kinda randomly picked this one out, but how about this:

http://jobsearch.monster.com/jobsearch.asp?co=xtoymotx

[dr_who_2]

Here is a question. Do you think that serious steps that a Democrat would take to stop outsourcing would improve the domestic employment situation in the tech sector or drive more of these companies out of the country? Do you think that Democrats have anything to offer disgruntled "displaced" workers? How about the unions? Do you think spending a large fraction of your life whining about free trade is going to increase your chances of landing a good job in your area of expertise?

Sometimes you can't stop people from doing stupid things, especially because that course of action is equally stupid. It may even be shortsighted for Cisco execs to give its US workforce a short shrift, but democracy also enables voters to do stupid things as well, and there's nothing for it ...except the capacity of some of those people to learn from their mistakes.

[dr_who_2]

Job outsourcing(and immigration) has put far more stresses on the US workforce, and sooner or later there will be a tipping point politically, and there will be a heavy price to be paid.

...the seven headed beast of Aggadon will wreak vengance on the nonbelievers, the primal screams of stressed-out U.S. workers will cause a mighty subsidence that will make office buildings crumble, and Japanese-made walkmen everywhere will explode in flames that will devour the non-patriotic consumers....

[hedgetrimmer]

This kind of stuff only stops when Americans stop electing globalists to office who produce treaties and policies that promote off shoring and outsourcing.

[hedgetrimmer]

It is sad that a bunch of moronsglobalists run Wall Street the federal government too.

[RFT1]

I fully expect the Democrats to make the situation far worse, and turn the US into an economic equivlent of France and Germany, but that said, it is the foolish manner many companies have been acting that is going to make this dark future ever more likely. It is a game of give and take, companies should take a longer term view rather than a quarter by quarter view. The cost of keeping producting on US shores, and having an American workforce may be higher short term, but long term its worth it, because if the political dynamics of the country does shift, and shifts against business, shareholders will be in far more pain as their taxes go past Carter era levels.

[N3WBI3]

Ive worked with Indian talent and when it comes to math they are great, but when it comes to the imagination needed to be a good engineer they are seriously lacking.. On the plus side tehy will work for less than half what an American will work for..

[RFT1]

It is called reading history. If you make light of history, and using history to give light to possible future eventsm, then you are on the kool-aid. The trends of job outsourceing and immigration(both H-1B and illegal) at their current rates will have a heavy political price to be paid. I know that is not in the Limbaugh/WSJ handbook, but thats reality.

[RFT1]

By the time the people are angry enough to force a political shift, they simpily will not just stop at electing people who are anti globalist, they will elect those who are full on Socialist. The Open Border/Free Trade lobby will not fully understand what hit them in a few years.