Tuesday, August 23, 2011

Big U.S. Companies Won’t Tell How Many Jobs They are Transferring Overseas #p2 #tcot #outsourcingsucks

from http://www.allgov.com//ViewNews/Big_US_Companies_Wont_Tell_How_Many_Jobs_They_are_Transferring_Overseas_110823

It is one of the most guarded statistics in corporate America today: the number of jobs available overseas versus the total within the United States.
 
Many large companies refuse to divulge their figures to the U.S. government, including Hewlett-Packard, AT&T, Apple, Pfizer and Procter & Gamble.
 
But that hasn't stopped some of them from asking Congress for tax breaks to foster domestic job growth, even though lawmakers don't have a clear picture of what corporations have done to shift American jobs to foreign countries.
 
Collectively, U.S. multinationals cut 2.9 million jobs in the United States and added 2.4 million overseas between 2000 and 2009.
 
In 2009, IBM stopped reporting its domestic/international employment numbers—the same year that the corporation had more employees in India than the U.S. for the first time, according to
 
Less than half of General Electric's employees now work in the United States. Yet President Barack Obama chose GE CEO Jeffrey Immelt to head his Council on Jobs and Competitiveness.
-David Wallechinsky
 

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