WSJ: Offshoring Losing its Luster
 

*Source: eWeek (http://blogs.eweek.com/careers/conte..._luster.html)*
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India's outsourcing boom has largely been powered by Silicon Valley, which has shifted great sums of IT and engineering jobs in Bangladore's direction for the last several years. When the outsourcing boom took off in 2004, the salaries of software engineers were but one quarter of what San Francisco-area computer engineers made, evidencing the clear cost-savings of the business arrangement.

But in the years since, Indian salaries have soared--in several cases to 75 percent of U.S. levels--and some in Silicon Valley have begun to sour on sending jobs to India (http://online.wsj.com/article/SB1183...pp_us_pageone), and this is the topic of a front page article in the Wall Street Journal July 3.

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