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This kinda sucks...

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Old Aug 11, 2003 | 10:13 AM
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Default This kinda sucks...

http://www.cnn.com/2003/TECH/biztech/08/11...s.ap/index.html

For almost 10 years I was in the high tech industry doing all kinds of stuff, so I can sympathize and relate to this dude. On one hand I can understand the need for companies to chop 5/6 of their overhead costs to foreign workers, but on the other I feel bad for those Americans whose jobs are being lost.

Signs of the times, I guess.
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Old Aug 11, 2003 | 10:17 AM
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There's an article in the Detroit Free Press about Delphi beginning to farm out their engineering and accounting to Mexico and India. The theory was that manufacturing would be replaced with high tech and service industry, but now the high tech and service industry is moving out of the US, too. All these companies trying to pinch pennies are suddenly going to find themselves lacking customers.
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Old Aug 11, 2003 | 10:26 AM
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So with manufacturing moving to Southeast Asia, and now high tech jobs moving to India and China, what will be the next area of employment being moved outside of the US? Perhaps one day the US economy will be based on military spending, fast food chains, diet services, and eBay...
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Old Aug 11, 2003 | 10:36 AM
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It was a proverbial kick in the nuts to see engineering jobs being sent off to Mexico and Poland. India, not so much, but Mexico and Poland aren't exactly international centers of knowledge.
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Old Aug 11, 2003 | 10:42 AM
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Project Managment, change management, linguistics, international contract negotiations, international law, international accounting, etc. will still require American employees to have tech skills and soft skills. In fact, I see these type of roles increasing in demand if more and more jobs are shipped to lesser economies.

With more people dong the work, there will be a need for more managers.

Just find the niche that will be created with the void that creates it.

Example 1: In the next year, all the technical people that have gotten laid off and cannot find work will have a need of some sort. What is that need? What products or services can be provided to them? Where will that money come from (their wallets or government subsidies)?

Example 2: In the next year, corporations are hiring more foreign workers to work in their native lands. What will happen with all the unused office space, office furniture, lan networks, unused utilities, etc.? What can you do with their excesses if they are selling them?
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Old Aug 11, 2003 | 10:47 AM
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Originally posted by mingster
So with manufacturing moving to Southeast Asia, and now high tech jobs moving to India and China, what will be the next area of employment being moved outside of the US? Perhaps one day the US economy will be based on military spending, fast food chains, diet services, and eBay...
Rich,

I wouldn't include fast food chains in that list after reading this article:
http://edition.cnn.com/2003/TECH/ptech/08/...mcdonalds.reut/

BTW, it's interesting that you didn't list "housing" in the list.
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