American Express just closed up it's Finance department here in the Phoenix home office. 300 jobs lost. Accountants, AP, AR, customer service, analysts.
It was all moved to...India.
Yes! Amex used to own ten buildings here in the greater Phoenix area, filled with operations personnel. Their operations have now been outsourced to an Indian contracting firm called Tata. So it's been "tata" to a once-major employer in this area.
Yeah? Consider this : Can you begin to imagine how many accountant types would be lost by scrapping the tax code?
It'll dwarf any such job export. Guess we shouldn't do that either, huh?