One in 10 U.S. Tech Jobs May Move Overseas, Report Says

Dyre Straits · Jul 30, 2003, 03:36 AM

NEW YORK (Reuters) - One out of 10 jobs in the U.S. computer services and software industry could shift to lower-cost emerging markets such as India or Russia by the end of 2004, a top computer consultancy said on Tuesday.

Gartner Inc., the world's biggest high-tech forecasting firm, said in a report entitled "U.S. Offshore Outsourcing: Structural Changes, Big Impact" that 500,000 of the 10.3 million U.S. technology jobs could move just in 2003 and 2004.

While professionals in the computer industry itself are likely to bear the brunt, the report predicts that one in 20 tech jobs in industry-at-large also could be moved overseas.

This is especially true in industries with high concentrations of knowledge workers such as banking, health care and insurance, the author of the survey said.

By Eric Auchard

Details Here

Mac Daddy · Jul 30, 2003, 12:49 PM

Nice post Dyre Straits ...
This reminds me of the current situation with American automobile manufacturers.
Many people don't realize that a vast majority of the companys that provide raw materials(ie Steel ,electronics, etc) are in fact owned by countrys overseas.

This is in edition too actual vehicle manufacturing .. which is been done more an more overseas.
Built in the USA ... Or Canada ... requires only a certain percentage of "parts" actually manufactured in the home country

Jul 30, 2003, 03:36 AM	#1
Dyre Straits HH Old Fuddy Duddy Join Date: May 2002 Location: Georgia, USA Posts: 14,205 Rep Power: 216 System Specs	One in 10 U.S. Tech Jobs May Move Overseas, Report Says NEW YORK (Reuters) - One out of 10 jobs in the U.S. computer services and software industry could shift to lower-cost emerging markets such as India or Russia by the end of 2004, a top computer consultancy said on Tuesday. Gartner Inc., the world's biggest high-tech forecasting firm, said in a report entitled "U.S. Offshore Outsourcing: Structural Changes, Big Impact" that 500,000 of the 10.3 million U.S. technology jobs could move just in 2003 and 2004. While professionals in the computer industry itself are likely to bear the brunt, the report predicts that one in 20 tech jobs in industry-at-large also could be moved overseas. This is especially true in industries with high concentrations of knowledge workers such as banking, health care and insurance, the author of the survey said. By Eric Auchard Details Here

Jul 30, 2003, 12:49 PM	#2
Mac Daddy DriverHeaven Extreme Member Join Date: Jul 2002 Location: Ontario, Canada Posts: 7,950 Rep Power: 80 System Specs	Nice post Dyre Straits ... This reminds me of the current situation with American automobile manufacturers. Many people don't realize that a vast majority of the companys that provide raw materials(ie Steel ,electronics, etc) are in fact owned by countrys overseas. This is in edition too actual vehicle manufacturing .. which is been done more an more overseas. Built in the USA ... Or Canada ... requires only a certain percentage of "parts" actually manufactured in the home country __________________ "My mom said the only reason men are alive is for lawn care and vehicle maintenance." - Tim Allen