Tuesday, August 05, 2008

Quit, dont quit

Outsource, dont outsource, to rephrase what Master Oogway had to say...

Fashion heavyweights shut shop in India goes the breathless headline, but the excerpt reveals that while one is shutting shop, one is considering shutting and two are increasing.

In any case, this is not about child labour or caste discrimination, it is a regular business cycle at work. As global economies get the jitters, now that we have stronger linkages in the shape of the outsourcing industry, expect more of this to happen. But remember, it is all a business cycle. When they laughed all the way to the bank, we did too, so it is rightful that we share some of the downsides too...

1 comment:

Kavi said...

Its a package deal !! Hmm !