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Just listed news article

http://www.theinquirer.net/default.aspx?article=11542

xaiver.ornelas@hp.com (none@email.com) wrote:
: Just listed news article
:
: http://www.theinquirer.net/default.aspx?article=11542
:

The planes will be needed for site visits to India, Communist
China, et. al.:

http://www.forbes.com/home/2002/12/05/cz_qh_1205hp.html
Forbes.com: The New HP Way: World's Cheapest Consultants

"NEW YORK - Tech giant Hewlett-Packard has seen the future of
technology consulting. It's on the other side of the globe and it's
really, really cheap.

"We're trying to move everything we can offshore," HP Services chief
Ann Livermore told Wall Street analysts at a meeting Wednesday. "We're
aggressively realigning our resources." Short term, that means adding
to the software and services personnel HP (nyse: HPQ - news - people )
already has in India. Further out, HP expects China to also turn into
a major consulting center..."

Is this where the U.S. is headed ?:

http://www.geocities.com/wittcourt/
The Great Depression: Coming To Your Neighborhood Soon

"...This is a factual account of the on-going and accelerating
destruction of the American economy.

It doesn't make any difference who you are, or how much you presently
earn or how wealthy you appear to be on paper.

Three out of ten visitors to this site will lose their jobs within the
next 40 months. And most will never find employment that will provide
anything near the income they now earn. They will fall into the McJob
category.

Why is this happening? As a retired Chairman and CEO of a privately
held American corporation, I can tell you from experience, how and why
Corporate America is committing economic suicide. My responsibility as
a Chairman and CEO was to gain and maintain a competitive edge and
increase corporate earnings.

Almost without exception, the single greatest expense to a corporation
is labor. Labor expense can be defined in two categories of fixed
expenses:

* Fixed Expenses: are just that. It doesn't make any difference
whether a company makes or loses money. It's a constant
expense.

1. Direct expense: this is primarily salary or an hourly rate.

2. Indirect expense: this is the hidden killer. It includes, FICA,
Workmen's Compensation, state and federal Unemployment tax, health
insurance. In some cases pension funds and/or employer
contributions to 401's.

When my competition can shed itself of any percentage of these labor
expenses, he gains a competitive advantage, that as a CEO, I can only
counter by doing the same thing to a larger extent. If I don't, he can
put me out of business. And that's the bottom line.

It becomes an ever tightening spiral with all American corporations
seeking to shed American labor cost. As a result, over the last 20
years corporate America has outsourced it's labor to a multitude of
foreign countries. In recent years they have further consolidated
these efforts to just a few of the cheapest labor markets, such as
China, India and Mexico.

I always believed as this strategy surged into Corporate America board
rooms would eventually destroy the over-all economy. And so it is!

[snip]

Even more outrageous, the Bureau of labor Statistics recap the
reported new jobs through a survey of payroll records from 300K
businesses like: IBM, Nike and Microsoft. These are hard figures.
What isn't broken out is this: where those jobs are. As far as I can
tell, they don't distinguish India, China and others from the United
States in that survey.

So technically they're not lying. Those published reports are worse
than useless. They are dangerous!..."


--Jerry Leslie
Note: leslie@jrlvax.houston.rr.com is invalid for email

"leslie" <LESLIE@JRLVAX.HOUSTON.RR.COM> wrote in message
news:SM3ab.36011$z32.27636@twister.austin.rr.com.. .
> xaiver.ornelas@hp.com (none@email.com) wrote:

> http://www.forbes.com/home/2002/12/05/cz_qh_1205hp.html
> Forbes.com: The New HP Way: World's Cheapest Consultants
>
> "NEW YORK - Tech giant Hewlett-Packard has seen the future of
> technology consulting. It's on the other side of the globe and it's
> really, really cheap.
>
> "We're trying to move everything we can offshore," HP Services chief
> Ann Livermore told Wall Street analysts at a meeting Wednesday. "We're
> aggressively realigning our resources." Short term, that means adding
> to the software and services personnel HP (nyse: HPQ - news - people )
> already has in India. Further out, HP expects China to also turn into
> a major consulting center..."

If we're really trying to move everything offshore, why don't we start with
the biggest bang for the buck and move management offshore. Lets get rid of
Ann and Carly and the other top managers and replace them with executives
from India and China.
>
> Is this where the U.S. is headed ?:


John