[DanZ]

I've seen this personally from a number of friends who were f***ed exactly like this by IBM,

Well, the reality is that the U.S. pay scale must adjust in order to be competitive with the rest of the world.

Car Co.s have had to do it and employees will need to do this as well.

[Chickensoup]

Well, the reality is that the U.S. pay scale must adjust in order to be competitive with the rest of the world.

Car Co.s have had to do it and employees will need to do this as well.

___________________

perhaps the rest of the world needs to increase wages to match US wages?

[grey_whiskers]

Go ***** a camel. Microsoft had a dividend payout of $57 billion.
If they’d invested it in state bonds it would have thrown off free cash flow of over $1 billion a year, without touching principal or jeopardizing cash flow from continuing operations.

[Cronos]

That is not true. The fact of the matter is that big integrators ie companies like IBM services, DXC etc. that get money integrating or managing other companies systems are going to die.

The reason is the increasing value of putting stuff on the cloud and paying Amazon or Google or Microsoft to manage your servers en masse.

And why do I want to pay a company to integrate SAP data with Oracle etc. when I can have business analyssts who know Azure or AWS and can connect the boxes (we're not there yet, but close)

I predict that the big services companies will die by 2020 and be replaced by multiple smaller companies that are of two kinds:

1. local, on-hands consultants (body shops you can say) who have a close relationship with the customers and work in a devops kind of mode. This may include business systems analysts - those who can build the blocks of different apps on the cloud together for the client
2. Guru level develoeprs who will create COMponents on the cloud or will maintain data centers