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Showing posts with the label tt electronics

We're in this boat together. Start acting like it.

Harry the ASIC Guy got into the outsourcing discussion that has been going on in EE Times , starting with the "secret" IBM layoffs, and now with revelations that Chinese engineers will work for a fifth of the salary of a comparable American engineer.  He asked fro responses but as I started getting into this I realized it was too long for a comment, so I'm putting it here today. As usual, American corporations take it on the chin. The main excuse the corporations make is that they are beholding to their stockholders and have to maximize profits in a down economy.  Unemployed engineers, union workers and politicians say they are disloyal to America. The truth is that everyone has a hand at sending jobs overseas. Let's take a look at the unions and engineers first.  The largest single stockholding group in the US is retirement funds... for unions.  The pressure to maximize profits, that is causing corporations to look for offshore answers comes d...