Of course they aren't, but the point is that employees are hardly in a position to do anything about this trend.This assumes they can't opt for lower pay, decreases in benefits and/or greater productivity in order to outcompete their foreign competition.The only recourse is to seek out employers who don't perpetuate the practice.Not perpetuating the practice might be the kiss of death for the company. Understanding that the decision to outsource is financial and not personal and that making the right financial decisions determines whether any jobs or any profits exist at the company is one thing that might lead to more cooperation.I would think corporate boards and shareholder groups could make noise, but they don't seem to be - so again, what can be done about this?I wouldn't expect either to make noise against their own best interests. Employees can do a buyout, outcompete their competition or simply position themselves as well as possible to minimize fallout when outsorcing occurs.1HF
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra