A UN of Booths - Big business to put us out of business

[Guest.Visitor]

Whew, that link threw 6 popup ads on my computer! chuck Opinions expressed are not necessarily those of my employer. "David Abramowitz" wrote in message news:6ae7d196.-1@WebX.WawyahGHajS... > Those of us attending PC Expo in NYC saw the flags. For those who didn't: > <http://money.cnn.com/2003/09/17/news...orld/index.htm> > > Dave

[nycsusan@hotmail.com]

Forbes Magazine Giant Sucking Sound Thursday September 11, 6:34 pm ET By Robyn Meredith Battered by the tech slowdown, EDS is shipping white-collar jobs offshore to catch up with low-cost competitors.... http://biz.yahoo.com/fo/030911/b4f8b...f949bf0_1.html

[David Abramowitz]

Those of us attending PC Expo in NYC saw the flags. For those who didn't: http://money.cnn.com/2003/09/17/news...orld/index.htm Dave

[Guest.Visitor]

Interesting article. It's funny how we (humans) do not "take focus" until it endangers our personal lives. The point, I think is this, IT workers(not professional any more) will become COMMODITIES. Just like corn, pork bellies, and INSURANCE. The low cost leader wins the business. I don't like it any more than anyone else does. So, what do we do? Run for the hills? Scream for government intervention? I say no, I say, invest what money you can, that way, not IF but WHEN, you are "downsized-off shored" you can land on your feet. It's all about MONEY. We have a saying at my company, "We are here ONLY to increase stockholder value". That is hard to stomach sometimes. But it the truth none the less. I have come to believe this mantra, why? Well, because when I invest money in a company what do I expect out of it? To allow people to work there forever or have a protected life from cheaper labor? NO! All I expect is an increase in MY(stockholder) value!!! Call me insensitive, Hard-hearted, fine. I work very hard and very smart to allow my money to work harder for me! So, when I am downsized-offshored, I will not panic. And I can spend my time (now) to "insuring" that I and my family are protected from ecomonic difficulties. IT workers must evolve, be dynamic, and yes accept that we may not be able to protect our salaries. Business is business. I like to quote an very dear friend of mine on economics: "When your outgo exceeds your income, your upkeep will be your downfall." I like seeing these type articles. They keep me humble and focused on the most correct path. That is to always look ahead, only worry about me and mine AND NEVER think any "employment is forever". Those days in American business are GONE................

[Guest.Visitor]

Bentley said: "I say no, I say, invest what money you can, that way, not IF but WHEN, you are "downsized-off shored" you can land on your feet." Good advice for anyone in any profession. From Bentley: "It's all about MONEY." Absolutely. It's never been any other way. From Bentley: "We have a saying at my company, "We are here ONLY to increase stockholder value". " Of course, if you're a public company, it's also the law. NOT looking out for the stockholder value is a quick way to get officers of the company in big trouble, if not jail time. More from Bentley: "That is hard to stomach sometimes. But it the truth none the less." Then maybe business isn't the place for you? It's a tough world out there and the best way, I've found, to keep or find employment is to be better than your peers. Yeah, I'd like to see all my colleagues employeed, but only AFTER I'm employed. Bentley said: "All I expect is an increase in MY(stockholder) value!!! Call me insensitive, Hard-hearted, fine. I work very hard and very smart to allow my money to work harder for me! So, when I am downsized-offshored, I will not panic. And I can spend my time (now) to "insuring" that I and my family are protected from ecomonic difficulties." I don't call you hard hearted, I call you smart. I recommend that anyone, at any time, keep two years salary in liquid assets. You never want to dip into long term assets such as 401k or IRA when you're out of work. Bently said: "IT workers must evolve, be dynamic, and yes accept that we may not be able to protect our salaries." Very good advice. Don't be caught in the mire of RPG III or, for that matter, RPG ILE. Branch out and learn HTML, JAVA, JavaScript, C# and more. This will make one agile and employable. Even better, acquire management skills. More from Bentley: "AND NEVER think any "employment is forever". Those days in American business are GONE." For most of us they never existed. chuck Opinions expressed are not necessarily those of my employer.