The depreciating dollar may prove lethal to outsourcing.
Date: Tue, 18 Mar 2008 08:58:40 -0500
Interesting article on the effects of the dollar's fall on outsourcing. Would be interesting to hear a few of you who are perhaps feeling these effects to comment.
"The depreciating dollar may prove lethal to outsourcing. Employees hired by US companies based in foreign countries usually convert earned US dollars into their national currencies. A worker based in a country with an appreciating currency will get less money when paid the same amount of dollars."Received on Tue Mar 18 2008 - 08:58:40 CDT