buck k accountants offshored in order to India for $k The multi-national I be employed by has just told a handful of its accountants their jobs are now being moved to India - starting next month. A whole department being axed including folks into their s and ersus with mortgages, young ones at private schools etc. They thought that were there secure, well forking over jobs, supporting their middle-class lifestyles - and be able to BAM! The corporation has been doing great. Just announed fantastic nd quarter results, with reduced labor costs becoming a big factor. It's obvious who US corporations are really gaining this ongoing turmoil to swing for the fences by offshoring every job which might be offshored (and which is most) to be able to improve the the important point. And to be honest - who can blame them? These corporations typiy are not charities - there're not there to aid unsustainable American middle-class routines. I am reliably informed how the average accountant was pulling in a salary throughout K plus many benefits - whereas his or her's counterparts in India will probably be on less rather than K - by using few benefits. It will be undeniable that an excellent global rebalancing is taking place. The US middle class would need to face the fact they are now competing in a global marketplace. Until they are able to accept drastiy reduced wages and conditions their jobs will never be coming back. Within years time I be prepared to see the lifestyle of most People in america reduced to the degree of the Indian and additionally Chinese workers we have been competing with. It's going to a long agonizing process - but an essential When I commence to see snotty nosed ren of previously middle class US people picking through sections of garbage about the outskirts of place, looking for waste of food (similar as to the I saw throughout Bangalore and Hyderabad last year) that is a good sign for me. I will know the healing has begun. Jobs will finally start to go back to America. It won't be be familiar with America they we grew up with - however that America is gone for good however. Deal with it.
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