PeopleSoft intends to add 1,000 workers to its staff in Bangalore, India, by the end of the year, accelerating the software maker’s plan to tap the country’s low-cost labor force.
The Pleasanton, Calif., company, which discussed the Bangalore expansion Tuesday, is among a growing number of high-technology outfits that are increasing the size of development […]

The chairman of President Bush’s Council of Economic Advisers, N. Gregory Mankiw, stepped forcefully last week into an issue that has touched off an escalating, often strident, political debate: the migration of jobs, ranging from call center operators to computer programmers, to lower-cost countries like China and India.
The movement, known as offshore outsourcing, is growing, […]

TELSTRA chief executive Ziggy Switkowski expects to send more jobs offshore to save money.
Dr Switkowski said Australia’s biggest telco was “late” in the global trend of outsourcing work to cheaper countries when it revealed last month that 450 IT jobs would be moved to India through a deal with IBM Global Services.
“We have no program […]

U.S. information technology workers are becoming a political force motivated by the flight of jobs overseas, according to a study released Wednesday by a union group.
The survey, commissioned by the Washington Alliance of Technology Workers (WashTech), found that 93 percent of IT workers are concerned about the impact of offshore outsourcing on their industry. […]

WASHINGTON (Reuters) - Federal Reserve Chairman Alan Greenspan has said the U.S. economy is posed for vigorous, lasting growth but policy-makers can still be patient about interest-rate rises, though not forever.
“Last year appears to have marked a transition from an extended period of subpar economic performance to one of more vigorous expansion,” Greenspan told the […]

[COLOR=darkblue]The financial services firm may move up to 70% of its development work offshore, sources say [/COLOR]
Despite a denial by American Express Co., sources familiar with the company’s IT planning insist that it has an internally stated goal to shift a major portion of its software development to offshore locations.
The sources said that New […]

BOMBAY, India, AP
Outsourcing information technology related jobs to developing countries such as India will boost competitiveness and slash costs, international software experts and government ministers said Tuesday.
“We are not going to put up barriers to protect U.K. firms from tough competition from India,” British Energy Minister Stephen Timms told some 900 delegates from India, Taiwan, […]