Re: The depreciating dollar may prove lethal to outsourcing.
Date: Tue, 18 Mar 2008 15:53:34 +0000
You mean outsourcers don't setup national subsidiaries, hedge currency movements and pay from the appropriate fund. I see a business opportunity here.
On Tue, Mar 18, 2008 at 1:58 PM, Ethan Post <post.ethan_at_gmail.com> wrote:
> 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."
-- Niall Litchfield Oracle DBA http://www.orawin.info -- http://www.freelists.org/webpage/oracle-lReceived on Tue Mar 18 2008 - 10:53:34 CDT