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Originally Posted by MAXUM
That's what happens when socialism takes over. I work for one of the largest technology companies in the world, they are scrambling to get rid of as many people as they possibly can in the states, gee doesn't take a rocket scientist to figure out why. Of course they are fooling themselves in believing these people being hired overseas are even close to the same caliber of those here in the US. I work with foreign software developers who are sloppy and have no clue about the very basics of engineering principals, but hey no worries, they are cheap and can be hired at a 5 to 1 ratio.
No offense, but seasonal jobs are the last thing that we should be worried about, they come and go. It's the good paying full time skilled industrial/technical private sector jobs whose permanent loss will have long term devastating effects. Never mind the loss of knowledge and innovation that once drove this county to it's technological pinnacle. Those are the ones we continue to hemorrhage at an alarming rate, and anyone who has the notion these will return with some sort of market resurgence is living a pipe dream. For those that recognize it, the liberals who are running the place are arrogantly pissing away the wealth, safety and well being of this country in the interest of social engineering, absolute control and redistribution of wealth. It's a beautiful thing if you're a communist. Sickening to those of us who know this leads to our ultimate demise.
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We had a development facility in Shanghai (under my cover) and I closed it down. The average salary with all the benefits was about 1/2 of a US Engineer. I did an efficiency study and found that we were getting approximately 1/10 of the productivity of a US Engineer.
We do have a facility in Chennai and that is considerably better than Shanghai, but not up to domestic levels. We are hiring our top talent domestically and keeping mid to low end positions in India.
You are right that outsourcing has hit the North East, but I will tell you that the VC community is equally culpable. Early stage funding in New England is almost impossible to get. In Silicon Valley the VCs are extremely active and funding aggressively. They are looking for the next Google or Facebook.
We have a stellar board of top flight VCs and I get quite a bit of visibility into what they are doing. In contrast, I am a limited partner in a couple of local funds and it is abysmal.
If you don't sow the seeds, you can't harvest the crops.
Jetskier
