Forum Post: GREEDY Corporate America is sending all the jobs to slave wage nations, destroying the middle class and the American dream.
Posted 13 years ago on Oct. 16, 2011, 12:11 a.m. EST by Lefty48197
(117)
This content is user submitted and not an official statement
Corporate America has gotten so greedy that they claim they can't make enough profit unless their factory workers earn 25 cents per hour. Corporate GREED is killing the American Dream and destroying our middle class. We must FIGHT for the middle class or there will never again be a middle class in America. All because of corporate greed.
**attention please**
please read this information with a focused mind and a big heart and you may be able make a positive difference to your life and other lives and help keep the economic recovery back on track.
this is a human issue and you may also become a victim at some point.
so, please pay attention and take action.
off-shoring and outsourcing companies are shipping millions of jobs every year to other countries and non-us locations. the major outsourcing companies have been asked to disclose their processes, methods, and books by government agencies like fed and uscis to scrutinize and ensure that the jobs are not being shipped by their wish but only through genuine need. they have been audited by uscis and fed agencies to ensure that they are not getting any unfair advantage to qualified US residents and qualified US consulting companies. jobs are only to be sent offshore when they are unable to find the skill-sets required with-in us.
But the outsourcing companies are following many back-door methods and policies and taking advantage and are able to send more jobs offshore than mandated by their clients. this study and analysis will expose the methods and which the outsourcing companies are operating to implement their ways in the model. In order to restore fairness and justice your action is required and much appreciated.
tcs, infosys, cognizant, wipro, - are the 4 major outsourcing vendors responsible for shipping it and bpo related jobs to offshore locations. their revenues and stocks have grown at phenomenal rates in the last 5 years. even during the recession period, they have outsourced and off-shored jobs more than the prescribed limit and are contributing directly to the current unemployment and the recovery efforts to bring the economy back on track.
what is the issue at hand ?
tcs, infosys, cognizant, wipro have a strong hold and presence in most of the fortune 500 and fortune 1000 clients in usa. in major corporations, this group of companies are called as “preferred vendor partners”., which means that only they will be asked to submit the responses and proposals and provide resources for any new projects started every year.
together, they can control all new projects and jobs being created, by holding on to this privilege. this privilege was given to them, when the economy was growing at very high rate during 2004-2008. in the current job situation, this privilege is no longer required and it is hurting the qualified us residents who lost jobs and trying to get back. the right thing to do in the current situation is to boost the economy by allowing qualified us residents to apply for these jobs.
if the privilege is still valid, all new projects are given to the outsourcing vendors, they will either hire a temporary worker on work permit or ship the job offshore.
what can you do ?
you can create awareness to fortune 500 and fortune 1000 clients about the unfair advantage that is currently enjoyed by these companies during the economic recovery period. the rule of “preferred vendor partner” needs to be scrapped, so that the new projects and jobs are open to all and preference needs to be given to us residents and us based companies rather than off-shoring companies.
Damn right
Or maybe you should ask why they can't produce goods in the USA? Not Greed at all. Would u buy an iPhone if it cost $1800?
I bought a package of socks last week. The retailer had a package of socks made in China and another package made in the USA right next to each other on the display. Same number of socks, same quality, same price. Only the greedy retailer only paid 25 cents for the Chinese socks while they probably had to shell out $2 for the American made socks.
I'll let you in on a massive secret, both those socks were made in china.
Speaking of daft....
Where did you get that number from?
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