Yep, the economy is rebounding

Posted on December 3, 2003 by Gene

A snarky Fark entry says it all:

In further proof that the U.S. high tech job market is booming, Accenture is more than doubling its Indian workforce to 10,000

This shipping off of jobs to India is really bugging me. We’re not talking about menial jobs that so many people refuse to take, we’re talking about good jobs that could help an awful lot of Americans who are unemployed and living from day to day without knowing if they’ll be able to eat or pay their rent.
And these jobs aren’t really raising the standard of living in India, either — the people there are paid a pittance. It’s all about maximizing the profits for corporate America.

Global IT consulting major Accenture on Wednesday announced that it would more than double its headcount in India to 10,000 by December 2004, from the existing 4,300 professionals.

“Accenture strongly believes in high value service offerings. We start with outsourcing by only enabling capability. Offshoring to India, we are not going to be the low cost mode, but high value provider,” Cole said, adding outsourcing from India was cheaper than in the US.