American Fortune 500 companies should be prohibited from offshoring jobs that U.S. workers can perform or face penalties substantial enough that outsourcing is no longer the cheap way out. This is ridiculous. These companies are bending American workers over.
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I don't know it's cheaper. Every offshore company's margin is above 30 percent. It's a great system that benefits Oligarchs in offshore and onshore equally. Little people can keep complaining
@OP It's actually a beautifully engineered system. Public money takes a short vacation through a maze of rules, consultants, committees, offshore entities, and accounting gymnastics, only to mysteriously end up in the pockets of the people closest to the controls.
The rules are so complex that ordinary people need a map, a lawyer, and a PhD just to understand what's happening. Meanwhile, we're told offshoring is necessary to save money, despite the fact that many of the supposedly lower-cost positions aren't all that different in compensation.
I've seen it from every level and every angle. The biggest mystery isn't how it happens. The biggest mystery is why people are still surprised when it does. Greed isn't a bug in the system. Sometimes it feels like the system's primary feature.
@af ...But tariffs bad right? This is what happens when you have free trade to companies that can pay their highly skilled workers $9-11 PER DAY wages.
@ck I don't know why this is downvoted hard. Literally the truth and why we are here.
This is the most enjoyable part. The part where the public blames a particular party and forgets the fact lobbyists pay off BOTH sides and nothing ever changes. The solution is to join the party. Own the stock. Play the game. Be part of the payoff. If you don’t want to for whatever reason, then you’re refusing the part you voted for. Remember, your vote for either party made corporations the domineering force in the country. You thought the guy or gal that said they would fight for you with words but whose actions said the opposite was going to change. You were wrong. Join the party or stand outside the door with a bottle of wine and keep knocking to be let in. The choice is yours
Good luck with that. Employers like UHG, Microsoft, Exxon, etc have bribed/paid off enough politicians (on both sides) to allow it to happen. It’s bipartisan.
They are now offshoring jobs that rely heavily on knowledge and insight of the U.S. market, too. Both Optum Insight and Optum Rx are offshoring 50 to 70 percent of their marketing and product teams.
You'll accept it and do nothing. The manufacturing industry was offshored without a fight. The professional services industry will be next, and you will accept it and do nothing.
Soon the only jobs will be in the servant sector, pushing brooms, flipping burgers, mowing lawns, or any one of several other trivial tasks for our Lords and Masters - that is, until H1-Bs are permitted to fill those roles, as they're already doing for the remaining few professional services roles that require someone to be physically here, like a doctor. Thankfully they'll work for comparative pennies, since they'll be taking their fabulous winnings back to where ever they came from.
You'll accept all this and do nothing. When there's no source of income left, you'll receive a little bit of universal income - a couple of bottles of water a day, some gruel, a few credits to spend on state approved media.
You'll accept all this and do nothing in the service of your Masters.
@af
Simple. More money and power for the elite class. Who cares if 90+% of Americans are wage slaves as long as we get ours and we keep the peons dependent on the crumbs from the elites.
I'll never understand it. Why would you lay off the very people who buy your products and services and hand the work and money over to people who don't buy your products and services?
Agreed. They are offshoring jobs for 12.00 an hour and laying off educated American workers
100% agree with you @op. it's disgusting to watch companies report record profits, hand executives millions in bonuses, and then tell loyal american workers their jobs are being moved overseas to save a few bucks.
these are people with mortgages, kids, medical bills, and families depending on them. many spent decades building these companies, only to be told to train their own replacments before getting laid off. and let's not forget the communities that suffer, the local businesses that lose customers, the tax revenue that dissapears, and the downward pressure on wages for everyone left behind.
our taxpayers also give these corps plenty of tax breaks and incentives, so why should they be rewarded for eliminating american jobs? nobody is saying companies can't operate globally, but there should be real consequenses for shipping out perfectly good jobs just to squeeze another percentage point out of profits. at some point, loyalty has to go both ways.