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Infosys plans to hire 10,000 American workers, open four U.S. tech centers

reuters.com

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Re: Infosys plans to hire 10,000 American workers, open four U.S. tech centers

#12
Many on HN seem to dislike Infosys, but let's not let that cloud larger, far more important issues:

Most importantly, it sets very dangerous precedents of U.S. federal government interference in the free market and in business decisions, and of economic nationalism worldwide:

* Today you might like who the federal government is picking on and threatening; tomorrow you might not. Do we want politicians making decisions for businesses and controlling the free market? We can count on the politicians making political, not economic decisions. It's like the worst of over-regulation, but with no legal framework or process to restrain it.

* Americans like it when jobs come to the U.S., but the U.S. long has been the standard-bearer of international free trade. If the U.S. stops promoting it, others likely will backslide quickly. Why shouldn't India demand the same of U.S. companies? (If your argument is fairness and how bad Infosys is, then you looking at factors that don't determine international trade practices.) When they demand that U.S. jobs move to their countries, will there even be a net gain in jobs?

All that will result is moving jobs back and forth not to increase productivity and find market efficiencies, but for political reasons. It will create market inefficiencies, which could (for example) raise costs for Infosys customers (including U.S. customers), reduce Infosys' overall employment, reduce profit for Infosys shareholders, and reduce overall productivity for the economies involved.

It's surprising how quickly the terms "free market" and "free trade" have disappeared from HN.

Re: Infosys plans to hire 10,000 American workers, open four U.S. tech centers

#14

The bigger question is what ethnicity these Americans are going to be...if they are all Indian Infosys are going to enrage both employees on the Indian subcontinent and run the risk of alienating US business buyers also. Infy's best hope is to become a global offshore entity, but the greatest challenge of all is going to be evolving a legacy IT services and support outfit into a credible AI development house, two fun…

http://www.livemint.com/Industry/Y9OnR44QmD3txzGNXlDBVO/H1B-...

Indian perspective

Re: Infosys plans to hire 10,000 American workers, open four U.S. tech centers

#16

Many on HN seem to dislike Infosys, but let's not let that cloud larger, far more important issues: Most importantly, it sets very dangerous precedents of U.S. federal government interference in the free market and in business decisions, and of economic nationalism worldwide: * Today you might like who the federal government is picking on and threatening; tomorrow you might not. Do we want politicians making decision…

Politicians made a decision to help the "free market" by making an exception to immigration rules with H1B visas. H1B visas were intended to address a shortage of highly skilled tech workers. They were not intended to supplant US workers, nor provide a readily accessible pool of low wage IT workers.

H1B abusers like Infosys use H1B to hire 90% of their staff. They then undercut US workers and cause them to be laid off while their cheaper H1B visa foreigners took jobs on US soil. Pretty much every government in the world regulates immigration. And if you ask a business which country has less favorable business rules, that would be India which is amongst the worst in the world.

Re: Infosys plans to hire 10,000 American workers, open four U.S. tech centers

#17

Many on HN seem to dislike Infosys, but let's not let that cloud larger, far more important issues: Most importantly, it sets very dangerous precedents of U.S. federal government interference in the free market and in business decisions, and of economic nationalism worldwide: * Today you might like who the federal government is picking on and threatening; tomorrow you might not. Do we want politicians making decision…

Free market is incompatible with permission-based visas. We did not have it. If we did, Mexican agriculture workers, for example, would compete unrestrained with the US workers, without a need for a visa.

H1B visas were intended to allow highly educated and qualified workers to work in the US, for a wage in par with local similarly qualified workers. Such people are in short supply worldwide. The problem with Infosys is that it tended to neither bring in highly qualified workers, nor pay them comparably to the US market.

Re: Infosys plans to hire 10,000 American workers, open four U.S. tech centers

#19

Many on HN seem to dislike Infosys, but let's not let that cloud larger, far more important issues: Most importantly, it sets very dangerous precedents of U.S. federal government interference in the free market and in business decisions, and of economic nationalism worldwide: * Today you might like who the federal government is picking on and threatening; tomorrow you might not. Do we want politicians making decision…

"Free Trade" is similar to freedom of speech. While arbitrary checks are damaging, there have to be rules to inhibit the abuse. "Let the market run free and everything will be right" sounds good in theory, but that implies that we will be better off without anti-trust laws, and minimum wage rules. In that case, what would stop companies from colluding to fix prices?

It's easy to derive another conclusion from your premise. It'll create market inefficiency, which will allow other promising companies to compete, which can potentially raise the quality of the end-result. Possibly, Infosys' customers could be better served by more competent engineering force.

Re: Infosys plans to hire 10,000 American workers, open four U.S. tech centers

#20

Infosys sees the writing on the wall for their H1B game. It's one of the few reforms which absolutely is going to happen -- nobody on any side has any pity for Infosys. Better get started with US workers now, before someone cuts in first.

I guess we saw the same in Australia with the 457 visa, and our Prime Minister abolishing it now. The act is peppered with phrases like "Preferring local workers etc" but we know how that turned out (and why it was so easy to ignore the spirit of the act). It raises revenue for the government, and cuts costs for the "poor old companies" at the expense of local workers. Shame on anyone that abused this. http://www.aph…

This is a sham. There are so many people that are suffering because of this. Really good project managers that now have a very tough road to PR, even the role of CIO has been removed from the list of PR eligible occupations that companies can sponsor you under. Why on earth should you only hire tech talent from your own country? I get the idea of supporting local workers but surely if you want a vibrant tech sector, you should be able to hire the best globally; a fair few people I know at tech firms are now looking at not getting PR or it taking much longer and being far harder.

I realise that the abuse needed to be stopped but the changes were too blunt.

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