Well, Indian offshore companies have been training many COBOL guys since Y2K. These days, most of the SAP related jobs are outsourced to India. How can one expect that the same fate won't befall those who want to master COBOL now? How about salaries?
COBOL in Indian offshore companies is often a shorthand for Mainframe experience. And many people do Java on Mainframes along with COBOL.
>>These days, most of the SAP related jobs are outsourced to India.
Been happening since more than a decade. You could point to any random tech, and some one in an big IT offshore firm will be working on it.
>>How can one expect that the same fate won't befall those who want to master COBOL now?
What fate? Until a while ago, mainframe skills were one of the most important ones in the industry.
>>How about salaries?
If you work for somebody through a third party contracting firm, your salary is going to be low. Not just if you do COBOL, but any tech.