Tag: offshoring

h1-b office

Forgotten Americans on H-1B: ‘This Is Complete Treason’

WASHINGTON, D.C. – While Americans who have lost their jobs to outsourcing are willing to speak up, they remain fearfully hushed about the issue, making sure their names and former employers are not released.

Indian Prime Minister Narendra Modi speaks during a joint press conference with Nepalese Prime Minister Pushpa Kamal Dahal following a meeting in New Delhi

Indian Lawmakers Demand Trump Reverse H-1B Crackdown

Ahead of a meeting between with Indian Prime Minister Narendra Modi, lawmakers are demanding President Donald Trump drop his executive order calling for a legal review of the H-1B visa.

Walt Disney Company CEO Robert Iger, seen in 2012, said he's "open" to staying on board as the company's leader beyond his 2018 expected departure

Disney under Investigation for H-1B Abuse, Say Feds

The Walt Disney Company and other employers regularly utilizing the H-1B visa program are under investigation for alleged abuse, according to a Department of Homeland Security letter to Congress.

PG&E empty chair (Tony Avelar / Associated Press))

Report: PG&E Offshoring IT Jobs to India to Cut Wage Costs

In the latest high visibility offshoring of Silicon Valley jobs to India, the San Francisco Business Times (SFBT) reported last month that the Pacific Gas and Electric Co. (PG&E) will offshore about 72 information technology (IT) jobs from San Francisco to India in a restructuring that could slash labor costs by 75 percent.

Mexican Pesos (Yuri Cortez / AFP / Getty)

Mexican Peso Down 30% Since Trump Began Campaign

Any media pundit who doubted Donald Trump could win the presidency and “build a wall” should have been watching the Mexican peso’s relentless 30 percent exchange rate decline since Trump began his campaign on June 16, 2015.

AP PhotoNam Y. Huh

‘Reshoring’: Will U.S. Manufacturing Make a Comeback?

Call it “reshoring,” or “insourcing” if you prefer. By any name, a significant movement of manufacturing back to U.S. shores is exactly what our economy needs. Factory movement overseas has opened a hole in the American job market that nothing else can truly fill, a point stressed in blue-collar populist appeals from both political parties.