outsourcing

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The Win-Win Economics of Medical Tourism
The Win-Win Economics of Medical Tourism
OPINION

The Win-Win Economics of Medical Tourism

Growing trend of traveling for health care doesn't have to hurt anyone

(Newser) - The spread of “medical tourism”—uninsured and underinsured patients seeking cheap health care in Southeast Asia or Latin America—has fueled fears that developing nations will divert resources from state health systems caring for their own citizens. But, the Economist argues, “if governments make the best of...

Oil Price Spike Brings Jobs Back to US

Rising costs curb manufacturers' outsourcing

(Newser) - As costs for overseas production and shipping soar, US companies are growing reluctant to outsource manufacturing—and some are even bringing their plants back to America, the Wall Street Journal reports. “In a world of triple-digit oil prices, distance costs money," said an economist. But it’s not...

India's IT Hub Challenging Politics as Usual

Community looks to election for solution to Bangalore's crumbling infrastructure

(Newser) - For years, Bangalore—India’s answer to Silicon Valley—has endured traffic jams, power blackouts and a chaotic airport that businesses blame on politicians who’ve ignored the city’s IT elites to court rural voters. Now, Reuters reports, an updated constituency map giving urban voters more clout has hope...

Indian Phone Banks Tackle US Debt Collection

Cheaper and better workers draw American agencies overseas

(Newser) - As individuals' debt grows in a tough economy, US debt-collection agencies are expanding into India, where collectors work more cheaply—and are often better, the New York Times reports. Indian collectors are “very polite, very respectful, and they don’t raise their voice,” says one CEO. And a...

India: Solution to US Health Crisis

Uninsured find cheap, top-flight care there; your HMO could be next

(Newser) - India is a top destination for uninsured Americans needing major surgery, the Chicago Tribune reports, with prices up to 85% lower than US rates. Last year, India welcomed 150,000 medical tourists, the Chicago Tribune reports—and now, HMOs want a piece of those savings. “Employers may soon follow...

Boeing Doesn't Deserve Military Monopoly
Boeing Doesn't Deserve Military Monopoly
OPINION

Boeing Doesn't Deserve Military Monopoly

Lawmakers are angry, but making aircraft giant compete is a good thing

(Newser) - There’s fury on Capitol Hill (and the campaign trail) over a $40 billion Air Force contract going to a European team, Mark Thompson notes in Time, but it’s entirely appropriate for the military to get the best technology it can. Indeed, anger over the snub to Boeing shows...

US May Move to Restrict H-1B Visa 'Cheaters'

Demand for skilled labor will fuel another application rush

(Newser) - The US is expecting a record number of applications for H-1B visas—given to highly skilled, specialized foreign workers—and is considering rules to penalize companies that try to improve their chances, ComputerWorld reports. Desperate firms have been known to send more than one application—123, 480 were received last...

Infosys Profits Up 26% This Quarter
Infosys Profits Up 26%
This Quarter

Infosys Profits Up 26% This Quarter

But investors disappointed in year's revenue forecast—shares fall 1.3%

(Newser) - Infosys saw its profit go up 25.6% int the October to December quarter, the Indian company said Friday. It credited tax refunds and new outsourcing jobs: the company added 47 clients, including an unnamed European bank and a global brokerage firm, reports AP. Infosys raised its 2007 revenue forecast...

Pregnancies Outsourced to India
Pregnancies Outsourced to India

Pregnancies Outsourced to India

Western couples 'renting' wombs of Indian women

(Newser) - A town in India, where more than 50 women are currently pregnant with the children of Western couples, has hatched a booming industry in commercial surrogacy, dubbed "wombs for rent." The women in Anand have been impregnated with the sperm and eggs of US, British and other couples...

The Latest in Outsourcing: Crowdsourcing

Businesses using competitions for manpower

(Newser) - If you want something done right, have a bunch of strangers do it for you. That’s the ethos behind “crowdsourcing,” a trend that has companies turning to the masses for a host of jobs normally done in-house – from writing code to designing products to conducting market...

Yes, Virginia, There's a Call Center for That

Algebra to reservations, help is a phone call (likely to India) away

(Newser) - Outsourcing isn't just for tech support anymore—foreign call centers will now take care of arranging the minutiae of your day-to-day life, from hotel reservations to algebra help for the kids. New York-based Ask Sunday, with its service center in India, is just one such purveyor, Der Spiegel reports, for...

Outsourcing Doesn't Stop at India Anymore

A weak dollar and rising salaries prompt search for new locales

(Newser) - If you're mad about your job being outsourced to India, don't worry: it may soon be outsourced to somewhere else. A weak dollar, rising salaries in India, and a high rate of attrition there are leading US companies to look for alternatives to the subcontintent for their outsourcing needs. Still,...

10 Jobs Not Long for This World
10 Jobs Not Long for This World

10 Jobs Not Long for This World

Failing industries, new technology and outsourcing are killing these careers

(Newser) - Getting a job is hard enough—you don't want one that won't be around in five or 10 years. Forbes pulls out its crystal ball to see which jobs are not long for this world:
  1. News analysts, reporters, and correspondents
  2. Economists
  3. Radio announcers
  4. Travel agents

India Tech Consultants Snag Giant Deal

$1.2B outsource win puts Tata firm on scale with IBM, Accenture

(Newser) - Tata Consultancy Service has won a $1.2 billion contract with Neilsen, marking a historical record for an Indian company. TCS will provide the Dutch media powerhouse  with 10 years of infrastructure and financial management, BusinessWeek reports. The deal puts the company on the global finance map, able to compete...

Swiss Army Eyes Outsourcing
Swiss Army Eyes Outsourcing

Swiss Army Eyes Outsourcing

Opposition mounts against outsourcing a legend

(Newser) - Can a Swiss army knife be made in China and still cut it as an icon? That's become a hot political topic in Geneva since the army announced that, under WTO rules, they have to open up the manufacture of their signature knives to bids from companies in other countries....

Homegrown Surfboards Fade Away
Homegrown Surfboards Fade Away

Homegrown Surfboards Fade Away

Outsourcing, technology wash over a time-honored handcraft

(Newser) - The era of hand-carved surfboards is ending, even in its birthplace of Southern California, as machines and cheap foreign labor take control of was once a thriving craft. Ten years ago, human hands shaped rigid foam to create 80% of American surfboards, but today that number is less than 20%....

Obama Sorry for Hillary Memo
Obama Sorry for Hillary Memo

Obama Sorry for Hillary Memo

Ripping Hillary "dumb mistake"

(Newser) - Barack Obama has apologized for a campaign memo that vilified Hillary Clinton for her financial ties to India and her campaign efforts among Indian Americans. Particularly offensive was a reference to Clinton's affiliation as "(D-Punjab)"; aimed to link her to the sore subject of outsourcing. Obama called it a...

Globalization Has a Hard Chocolate Shell

Hershey to shutter Calif. operation, cut thousands of jobs

(Newser) - In a "global supply-chain transformation," Hershey will slash its domestic workforce and build a plant in Mexico. The chocolate giant projects savings of tens of millions of dollars a year, but the numbers don't mean much in Oakdale, Calif., where 575 employees will be our of their jobs...

US Intelligence In Private Hands
US Intelligence In Private Hands

US Intelligence In Private Hands

Billions a year spent on private intel contracts—but where's the money going?

(Newser) - Since 9/11, the US government has been upping spending on private intelligence contractors, doling out cash that is often classified and impossible to trace, Salon reports. 70% of all classified intelligence spending goes into private hands, making waste and corruption serious concerns.

Outsourcing Firms Grab Visas
Outsourcing Firms Grab Visas

Outsourcing Firms Grab Visas

Foreign companies use 30% of H1B visas to train workers in US

(Newser) - H1B visas—intended to bring high-skilled foreign workers to the U.S.—may in fact helping foreign companies to train their workers, two senators argue. Data released by Republicans Dick Durbin and Chuck Grassley indicate that nine Indian outsourcing firms use up 30% of the H1B visas granted each...

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