Outsourcing - Page 9

Report: PG&E Offshoring IT Jobs to India to Cut Wage Costs

In the latest high visibility offshoring of Silicon Valley jobs to India, the San Francisco Business Times (SFBT) reported last month that the Pacific Gas and Electric Co. (PG&E) will offshore about 72 information technology (IT) jobs from San Francisco to India in a restructuring that could slash labor costs by 75 percent.

PG&E empty chair (Tony Avelar / Associated Press))

IMF Agrees with Donald Trump on Stagnant Economy

The dismal forecast in the latest International Monetary Fund (IMF) World Economic Outlook reads like Republican presidential nominee Donald Trump’s talking points — namely, in its analysis that “sub-par growth at recent levels risks perpetuating itself—through the negative economic and political forces it is unleashing.”

Republican presidential nominee Donald Trump speaks after a tour of the Flint water plant