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Friday, 12 March 2010 14:27 UK Login |  Bengaluru, India


 

US technology giants blast protectionism

Who'd have thought it?

By Nick Farrell in Rome @ Friday, March 20, 2009 8:46 AM

 
 HP, IBM, and Sun have slammed US President Barack Obama's anti-outsourcing policies as unrealistic.

HP, which has far-flung labs in India, Costa Rica, and Europe and its senior VP Marius Haas said that the world was a competitive economy and you go where the talent is. He said that any local sourcing push by the US administration is unlikely to be effective in a globalised world.

IBM's Edward Orange said that IBM also goes where the talent exists and at the moment it's in India.

Sun's Joe Hartley said that Obama's policy may shrink global trade in the long run because not every job can be outsourced. However, a job has to be done at the right place and at the right time.

According to Information Week the three companies to hire more than 150,000 people. IBM has more than 70,000 employees in India. X

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