Wipro yesterday revealed a strong improvement in full-year results that suggests the outcry against offshore outsourcing is failing to dent the business outlook for India’s third-largest technology services company.
In the three months to March, Wipro won 35 customers and reported a 44 per cent rise in sales from technology services to Rs12.6bn ($288m), as more […]

The top 15 global financial institutions will increase IT spending on vendor-direct offshore outsourcing by 34% annually, representing an increase from $1.6bn in 2004 to $3.89bn in 2008, according to research by TowerGroup.
Despite the recent political backlash against shifting work overseas, TowerGroup says most of the top 15 global financial institutions are already outsourcing […]

TORONTO (CP) - Seventy-five thousand Canadian information technology jobs could migrate abroad by 2010 unless the country positions itself effectively as a “nearshore” provider of IT services to the United States, a PricewaterhouseCoopers study suggests.
The advisory firm said Wednesday that “offshoring” of Canadian technology work to India, China, Russia, and other low-cost emerging economies […]

Job-layoff casualties are training for new careers where they won’t get shut out again.
Zachary Kurtock knew he still wanted to do something with his hands.
He used them to fix fuselages and mend wings until a year ago, when he lost his mechanic’s job at Northwest Airlines in a mass layoff. Now, the 40-year-old Cambridge […]

When Dean Ostergaard arrives at his office at 8 a.m and logs on to his computer, he’s likely to have e-mail messages from India, where the workday is just ending. Ostergaard is director of consulting services at iCST, an information technology company here that has a branch in Hyderabad, sometimes referred to as India’s Silicon […]

BANGALORE, India (AP) - Infosys Technologies Ltd., which has become India’s second-largest software maker thanks largely to outsourced work from the West, is investing $20 million to create nearly 500 consulting jobs in the United States.
The company has set up a subsidiary in Fremont, Calif., to provide business consulting to American corporations. The new company, […]

Planned workforce reductions announced in the technology sector plummeted to 29,513 in the first quarter, the lowest level in over three years of tracking, according to figures compiled by outplacement firm Challenger Gray & Christmas Inc.
First-quarter job cuts in the high-tech sector — which includes telecommunications, electronics, computer and e-commerce — were 64 percent […]