>I noticed a thread on this recently.
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>here is another case just off the BBC news site.
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http://news.bbc.co.uk/1/hi/business/3124569.stmDespite the sadness of such news, we shouldn't be surprised... anything that increases profits is fair game today.
I wonder if the company has a share options plan and just how happy the staff is today at this news to increase their share value.
I wonder how deeply the Bloomberg competitor is already in India?
This may help to wake up those people who think that it is only the relatively low-paying low-skillset jobs that are candidates for being outsourced.
Sooner than we think the only jobs available in the higher-developed countries will be the mc-jobs that cannot be relocated. All that profitability will sure come in handy when those people are all too busy trying to make ends meet and too poor anyway to buy any of that high profit stuff. And the people offshore who got those jobs will STILL be too poor and too busy working to make ends meet to be able to afford them too.
So, in the end all the social upheaval will result in permanently altered societies everywhere and the absolute need of companies to return to the concept of reasonable profit over the longer term in order to stay in business! The irony would be delicious were it not so distasteful!
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>Nick Mason