Thread regarding State Street Corp. layoffs

This trend needs to change

That is just wrong to include outsourced workers to State Street employee count. It just doesn't make sense to me. I am opposed to so many companies outsourcing and believe that the government needs to have a limit of how many employees can be employed outside of the US.

For an example, I recently interviewed for a position where only 1/3 of the employees worked in the US. The other 2/3's of their employees were employed in Poland and India. If this is the rule for this company they have very few employees working in the US. This isn't helping the high unemployment rate and the many people looking for employment. It isn't just the older worker that is seeking employment. I also know of many younger recent graduates, (my niece's friends), that are working as waitresses, retail sales, etc. since they haven't been able to find employment in their field. This trend needs to change.

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| 926 views | | 2 replies (last May 17, 2016) | Reply
Post ID: @OP+HrUowoo

2 replies (most recent on top)

Great post, tell our children go to College, Tech school to better prepare your self for the future.

Yet what have we seen over the last 30 years.

  1. Outsource manufacturing jobs

2 . Outsource IT computer support jobs

  1. Increase the number of H1-B visa's so we can import workers
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Post ID: @fog+HrUowoo

Sadly there are only two solutions for the outsourcing plague that has spread across our great country: 1) government intervention to tax/penalize companies for moving good paying jobs out of America or 2) executive management needs to stop their obsessive drive to increase profits at the expense of the worker and instead go back to ensuring their decisions balance the needs of all stakeholders (employees, customers and shareholders).

I fear we are well past the point of no return and it is too late to reverse the jobs outsourcing trend to cheaper foreign locations.

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Post ID: @lrv+HrUowoo

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