December 11, 2006
‘Lack Of Skilled US Workers Is Main Cause For Outsourcing’
Azim Premji chairman of Wipro Technologies doesn’t agree with the general belief that outsourcing is stealing high-paying American tech jobs. According to Premji, the United States should be more worried about what is taught in its classrooms -- or, rather, what isn't. Crmbuyer.com reports:
In fact, there is a shortage of information technology engineers in the United States, said Premji, who in four decades has led Wipro from a US$2 million cooking-oil processing company to a $2.4 billion global technology player. In its most recent quarter, the Bangalore-based company reported $765 million in revenue, a 41 percent increase from a year earlier, with profits of $152 million, a 48 percent jump.
Read more: Wipro Chairman: Outsourcing Due to US Skilled Worker Shortage
--
Did you enjoy this post?
Comments
The comments to this entry are closed.
« China Will Lag Other Markets In 2007 | Main | Outsourcing – A Yes or No?? »
Recent Comments