TCS, Infosys, MindTree, HCL and other Indian IT companies to suffer as angry America wants its jobs back


BANGALORE: Some U.S. companies are retaining a small but highly prized cut of software jobs in the country, taking into account the record levels of unemployment and anger among the locals, who see the work being shipped overseas.

For software vendors in India like TCS, Infosys and HCL, such development - not expected to be a dominant trend - could undermine a fraction of new jobs could have been outsourced to them. In an interview with Bloomberg on Monday, Charlene Begley, director of information technology for GE, said his company was rethinking the strategy of outsourcing more than half of its IT work.

Now, GE has announced plans to add 15,000 jobs in the U.S. more than three years, 1,100 of whom will be in downtown Detroit IT. Walmart has also decided to promote the development and design of its electronic trading platform of a new center in Brisbane, California.

BANGALORE postponed WALMART CENTER

Walmart does not open its own technology center in Bangalore in captivity, a person familiar with the decision of the retailer said last week. In the last job on your website, Walmart has announced about 150 jobs the new technologies in Bentonville, Arkansas. "Part of it, say that at least a quarter of them could easily have been handled a captive center was evaluated Walmart to open in India," the person said.

At least a dozen executives in the United States-based companies and local authorities said that more American companies would shift jobs high-end technology, since they are under pressure from local constituents to create jobs. "Companies like GE are under social pressure to demonstrate that care by creating local jobs. They have been practicing for years economically and reaped enough profits," said a senior executive at one of the leading companies U.S. high technology. Who requested anonymity because his company has GE among its major customers.

In January, President and CEO Jeffrey Immelt GE I was appointed head of the U.S. panel President Barack Obama on employment and competitiveness, which also includes leaders of major U.S. companies, including Xerox and Intel. more

This entry was posted in . Bookmark the permalink.

One Response to TCS, Infosys, MindTree, HCL and other Indian IT companies to suffer as angry America wants its jobs back