You don't need to look very far to see more and more examples of U.S. I.T. companies shedding higher cost U.S. workers and replacing them with outsourced foreign I.T. workers. The latest guilty party, outsourcing giant EDS.
EDS said in a Sept. 12 Securities and Exchange Commission filing that it will offer early retirement packages to about 12,000 U.S. employees in the fourth quarter, or more than 11 percent of its 136,000 worldwide work force. This will cost EDS between $70 to $130 million dollars, which they hope to recoup using their cheaper foreign workers in low-cost countries, including India, Brazil and the Czech Republic.
What troubles me beyond the fact that 12,000 U.S. workers are losing there jobs, is that EDS does a lot of I.T. work for the government and no doubt some of the workload being moved as part of this buyout includes work for the federal government. So, indirectly our taxes are being used to support this reprehensible act.
We have noway of knowing how much of this work involves sensitive material, and being offshore this sensitive material will be beyond the control of U.S. authorities for security purposes and we must rely on whatever safeguards EDS enforces on their offshore employees.
How many of our Social Security Numbers and other Tax Related information will be laid open for foreign eyes to use and abuse?
Want to know more about this check out eWeeks article: EDS Offers 11% of Work Force Early Retirement
EDS said in a Sept. 12 Securities and Exchange Commission filing that it will offer early retirement packages to about 12,000 U.S. employees in the fourth quarter, or more than 11 percent of its 136,000 worldwide work force. This will cost EDS between $70 to $130 million dollars, which they hope to recoup using their cheaper foreign workers in low-cost countries, including India, Brazil and the Czech Republic.
What troubles me beyond the fact that 12,000 U.S. workers are losing there jobs, is that EDS does a lot of I.T. work for the government and no doubt some of the workload being moved as part of this buyout includes work for the federal government. So, indirectly our taxes are being used to support this reprehensible act.
We have noway of knowing how much of this work involves sensitive material, and being offshore this sensitive material will be beyond the control of U.S. authorities for security purposes and we must rely on whatever safeguards EDS enforces on their offshore employees.
How many of our Social Security Numbers and other Tax Related information will be laid open for foreign eyes to use and abuse?
Want to know more about this check out eWeeks article: EDS Offers 11% of Work Force Early Retirement
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