Sadly Western IT workers are too expensive for the MBAs running modern corporations.
Just before their last big US layoffs, Microsoft announced: "Microsoft is expanding our presence in India with a $3 billion investment"
CBA hiring Indian ICT workers after firing Australians
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Re: CBA hiring Indian ICT workers after firing Australians
#32If Australia doesn't have the capabilities then why are the university campuses full of overseas students? So they can learn, return to their homelands and work at some outsourcing org?
CBA like all large corporations don't care about their staff nor their customers. Their only priority is to pander to their shareholders and pay their executives ever larger salaries and perks.
Government powers don't work. Lobbyists and party donors make sure that they own the decision makers. Politicians, like the corporations are only in it for what they can personally gain.
Re: CBA hiring Indian ICT workers after firing Australians
#33Sadly Western IT workers are too expensive for the MBAs running modern corporations. Just before their last big US layoffs, Microsoft announced: "Microsoft is expanding our presence in India with a $3 billion investment"
IBM has been doing that for decades. They have even been repeatedly sued over unfair dismals, etc. But for them it's only the cost of pursuing their off-shoring goals.
Re: CBA hiring Indian ICT workers after firing Australians
#34Canadian banks, telecoms, and even retail chains, have been shamelessly replacing Canadian workers with Indians for decades.
At this point, a plurality of our new immigrants come from one or two states in India.
I would challenge you to go to a coffee shop in any major city and try to find a Canadian worker.
Not sure what the future is for a Canadian worker, but it's bleak.
Re: CBA hiring Indian ICT workers after firing Australians
#35Isn't this good? I thought outsourcing meant we get cheaper goods like iPhones and laptops. Now we can outsource middle-class service jobs for cheaper services?
Its not simply outsourcing. Its using offshoring to hypocritically, dishonestly and deliberately trash native jobs and salaries, while (normally) maintaining those of the decision-makers. I'm not against realistic economics and open markets leading to a more balanced world, but this is just shark-toothed capitalism with contempt for individuals and the societies the organisations exist in.
Funny thing is, talking in general terms, everyone hates off shoring but not every one hates exports/expanding to other markets and profiting off it. By this logic, you should also advocate for native jobs and salaries for every market the company is in, no?
Not saying company X isn't off shoring to save costs and hurting local jobs. But it is also perhaps true that company Y is growing and selling their services/products in N countries but only has jobs in one(or few) of countries perhaps. Why is this fair if the first one isn't ?
Re: CBA hiring Indian ICT workers after firing Australians
#36Its not just CBA, but Westpac, Optus and pretty much any large corporate in Australia.
ACS is being a hypocrite since: 1) they charge $$$ fees for validating IT experience so they would never advocate lowering the immgiration rate (its also a conflict of interest). So they have a hand in dismantling Australian tech jobs. 2) they inform the government that there's still a "skills shortage" of developer , when in reality, they do it to suppress wages.
Re: CBA hiring Indian ICT workers after firing Australians
#37This reporting is somewhat dishonest it fails to disclose ACS's vested interests... ACS has a nice government-granted monopoly on assessing the qualifications of work visa applicants (at significant cost) so anyone reducing the demand for IT worker visas (by off-shoring those jobs) is going to hurt ACS directly.
Exactly.
ACS had a hand in blowing up Aussie jobs.
Re: CBA hiring Indian ICT workers after firing Australians
#38[flagged]
Re: CBA hiring Indian ICT workers after firing Australians
#39[flagged]
Re: CBA hiring Indian ICT workers after firing Australians
#40Canadian banks, telecoms, and even retail chains, have been shamelessly replacing Canadian workers with Indians for decades. At this point, a plurality of our new immigrants come from one or two states in India. I would challenge you to go to a coffee shop in any major city and try to find a Canadian worker. Not sure what the future is for a Canadian worker, but it's bleak.
Based on immigration rates and birth rates, Canada will be mostly Indian at some point in the future. The “future Canadian worker” is Indian.