posted December 31, 2003 06:02 AM
Source: Reuters - U.S. corporations are picking up the pace in shifting well-paid technology jobs to India, China and other low-cost centers, but they are keeping quiet for fear of a backlash, industry professionals said.
Morgan Stanley estimates the number of U.S. jobs outsourced to India will double to about 150,000 in the next three years. Analysts predict as many as 2 million U.S. white-collar jobs such as programmers, software engineers and applications designers will shift to low-cost centers by 2014.
Click Here For Full Story