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  • Outsourcing not causing job loss: WTO

    07/04/2005 12:22:31 PM PDT · by phoenix_004 · 13 replies · 482+ views
    sify.com ^ | 04 July , 2005
    Coming down heavily on anti-offshoring campaigns, the World Trade Organisation has said predictions that a large spectrum of IT jobs could be lost to cheaper providers from low-income countries like India have been exaggerated. In its annual trade report, the WTO rejected estimates by associations and business consultants that a string of domestic IT jobs, ranging from data entry typists to software developers were at risk from cheaper workforces, such as those in India and the Philippines. This spate of offshoring reports, which peaked during 2003 and the first quarter of 2004, cited a wider digitisation of information, and the...