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Nickname: CompEng
Review: I don't unserstand why people think that only low-level work is being done elsewhere. At Intel, every type of job within the company is already being done all over the globe, although the U.S. and Israel still have the critical mass to handle the larger tasks. But that's already changing. "Move up or Move out" is not the answer, folks. We have three options: try very very hard to improve the standard of living and cost of living everywhere (hopefully to 1st-world levels), put up protectionist walls, or let the market do option one for us at great cost to all but a few winners. That's about it. Arguing that the short-term imbalances of globalization are best solved by increased freedom and flexibility is a lot like arguing that you shouldn't plan for Tsunamis because the ocean is flat overall, and there's no need to be concerned with such blips in global weather.
Date reviewed: Dec 8, 2005 10:10 PM
Nickname: smitty
Review: Actually, looking at some comments below, the only immature thing is calling someone's opinion about a matter immature. As to India, they are an up-and-coming computer power but hard times are still ahead for them. I have had my family impacted by exported jobs but the impact seems to be short lived. The jobs that affected my sister in the phone company (software development) seem to be coming back. The skill in coding was not matched by a facility in understanding requirements. Products were forthcoming that didn't match desired perfromance at all. We are a global economy, but still a parochial society. You say toe-mah-toe and I say tah-may-toe and out comes apple juice. Local jobs are indeed leaving for lower cost areas but it's not an epidemic yet. Ah, retirement, come to me.
Date reviewed: Dec 7, 2005 3:43 AM
Nickname: jobpundit.com
Review: While Intel locates more R&D jobs to India in the next five years, Craig Barrett (Intel Chairman) this week pleaded the business community to help increase the US pool of qualified science and engineering grads. (Also on BusinessWeek.com). Intel is sending a mixed signal here. To respond to the product market, companies want a deeper pool of qualified people to choose the talent, and at the same time, outsourcing many low/medium level jobs. To respond to this kind of job market, individuals need to either develop a strong competitive edge in the engineering field, or choose non-engineering professions.
Date reviewed: Dec 7, 2005 1:28 AM
Nickname: Shah
Review: Americans are losing their jobs because Indians are proving to be more productive as well as efficent. So yeah, that's going to be the future!!
Date reviewed: Dec 6, 2005 10:53 PM
Nickname: JoeP
Review: In response to Ark's comment: An organization's workforce will reflect Intel's position as a global (multinational) company, and not just an American company.
Date reviewed: Dec 6, 2005 7:07 PM
Nickname: dev
Review: It is about time Intel did something like this in India. I have some fond memories of talking to Indian government officals 20 years ago during their visit to Silicon Valley. I think it has to be done in the private sector without any assistance from government.
Date reviewed: Dec 6, 2005 5:51 PM
Nickname: xyz
Review: Loss of American jobs is the inevitable outcome of globalization. Desire to see stock go down due to this decision is foolish and immature.
Date reviewed: Dec 6, 2005 5:13 PM
Nickname: Ark
Review: I hope Intel goes down due to this operation. I really don't want to see more American losing jobs. ><
Date reviewed: Dec 6, 2005 1:44 PM
Nickname: Remnant
Review: India and China have a great deal of growth potential. They have an enormous labor force and market. I think the success ih India or China depends on how effective companies are in dealing with culture and the laws of those countries.
Date reviewed: Dec 6, 2005 1:19 PM
Nickname: Jim Lee
Review: Intel may be forced to set up a fab now as rival AMD has done so. Talks with the government to set up a fab did not fall through earlier as it was trying to arm twist too much for too little.
Date reviewed: Dec 6, 2005 8:28 AM
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