Walmart is outsourcing 569 finance and accounting jobs in North Carolina to Indian contract workers, spotlighting the expansion of the H-1B program from software jobs to accounting, healthcare, and design...Next is the "useless college" part:
...The work is being taken over by Genpact, whose Indian H-1B workers will join the army of roughly 900,000 resident H-1B workers throughout the United States. The firm is a spin-off of General Electric, and it uses cheap Indian graduates to transfer may U.S. college-graduate jobs to cheaper Indian worksites....Tell us again how a college degree increases lifetime earnings. Go ahead. We'll wait.
Oh, and about Mittens...
...Bain Capital became Genpact’s largest shareholder in November 2012, with the strategic objective to grow the company further. Since December 31, 2005, we have expanded from 19,000+ employees and annual revenues of US$491.90 million to 87,000+ employees and annual revenues of US$3.00 billion as of December 31, 2018....That's Mitt's old hangout. They've specialized in dumping Americans to the curb for decades. Something to be proud of, no?
No comments:
Post a Comment