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Economy
H-1B giant Cognizant to Hire 10,000 U.S. Tech Workers
2013-12-06
In what might be -- at least in part -- a bid to make nice with critics of its H-1B hiring, IT outsourcing company Cognizant Technology Solutions has announced plans to hire 10,000 workers in the U.S. over the next three years.
Tell me again, how does "making nice" impact the bottom line ?
The company is setting up its U.S. headquarters in College Station, Texas -- home to Texas A&M University -- and will donate $150,000 to the university's effort to lure high school students into STEM careers. Its global headquarters will remain in Teaneck, N.J.
Certainly a vast sum, that $150k.
For at least the past two years, Cognizant has been the country's top employer of H-1B visa-holders, and has been considered especially vulnerable to immigration reform proposals in Congress. The company has 29,000 employees in the U.S., and about 166,400 globally, the majority located in India.
Speaker Boehner moving quickly to assist this effort.
Bloomberg reports that Cognizant plans to bring in workers from other parts of the world, in addition to the 10,000 domestic hires.

"There is not enough people in this country right now with the skills I need at Cognizant," Cognizant President Gordon Coburn told Forbes. "We are at full employment for the IT sector. People graduating from IT schools have multiple offers. And I have 1,000 jobs open right now in the U.S. alone and I cannot fill them."
Ever consider TRAINING a few folks ?
Of course, that doesn't explain how he'll fill 10,000 openings.
See para three above.
Coburn told Bloomberg that the improved U.S. economy is driving the hiring push. Twice this year, the company has raised its forecast for profit and sales.
Which means we must do it again next year or I lose my job.
"We are committed to making big money supporting education to help the U.S. remain competitive in an increasingly global economy," Coburn said in Forbes. "Right now, we have to look overseas for employees. We are not bringing in foreign workers to lower the pay grade of IT professionals. We are doing it because we need to hire on a massive scale and that is a major challenge for companies like ours."
They sleep 5-7 to a room and walk to work because they enjoy one another's company and insist on helping the environment.
Posted by:Besoeker

#11  I work with CTS IT folks everyday. Several on my team and probably 25% of my extended IT team. Why CTS is successful is that they provide smart, capable, hardworking resources. The company likes the ability to move resources in and out of projects and the company without hassle (HR, legal, severance... That you have with full time associates).

On the negative side it is obvious this hurts American worked as well a CTS workers. CTS is very slow to give their employees green cards. The reason is that once these workers get their green cards they can work anywhere for more money. I have many conversations with CTS workers wanting to convert to full time. By our master service agreement we cannot convert and because they are non-green card they are stuck.
Posted by: Airandee   2013-12-06 18:23  

#10  NMU and OS are both accurate. It isn't just the H-1B, though--our vested interests are importing so much cheap labor that in some places even if a young man _wants_ to start working at an ordinary job (e.g. drywaller in California), he can't.
Posted by: James   2013-12-06 10:31  

#9  WOW, nothing like a well written well researched rant to start the day.

BRAVO
Posted by: Bill Clinton   2013-12-06 10:24  

#8  Excellent Rant No Mo!

Lets not forget that we have to get out of the idea many have that life owes them, society 'owes' them anything. That Food, Healthcare, Shelter, 60" plasma TV's, ObumblePhone, Birth Control is somehow a *right* and society must, at all costs, provide such to everyone no matter how undeserving.


Posted by: CrazyFool   2013-12-06 08:40  

#7  Well said NMU. Well said indeed.
Posted by: Besoeker   2013-12-06 07:32  

#6  Ending these visas only solves part of the problem.

Until we as a nation stop telling ourselves that "middle class" means 4000 square feet with all the gimcracks and gewgaws, and a new car every four years, and two vacations a year, and private college education for all of our kids, and retirement at 62 with 15 years of retirement, and that all of this is guaranteed with no anxiety, fixing the visas will ultimately not bring things around. Techies have become as bad at this, in their own way, as union thugs were in earlier times (and I am a techie writing this).

Until we as a nation stop glamorizing entertainers and athletes and lawyers and "CSI" cops and the like and return to recognizing the value and dignity of workers and producers and entrepreneurs, fixing the visas will ultimately not solve the problem.

Until the female half of the nation stop running their mating lives like a bunch of hypergamic baboon troupe females and actually get the sense that chasing after exciting alpha-a$$hole bad boys to prove status to their other baboon troupe minded peers really is not as good as preferring decent hard working guys, even techie nerds, fixing the visas will not ultimately solve our problems.

Until the Gramscian termite in the academy stops teaching kids to hate Western civilization, authentic Judaism and Christianity, and the rigorous thought process that is necessary for tech training, pushing them to major in women's studies or public policy or postmodern English Lit, fixing the visas will do nothing.

Make foreigners get green cards. Good idea. Good start. But it really is only a small part of the problem. There are lots of reasons American kids don't go into tech that have nothing to do with H1-B, and we are lying to ourselves if we say otherwise.
Posted by: no mo uro   2013-12-06 07:09  

#5  End H1B *now*, its an abomination, and a strategic threat to the nation, as it destroys what little native tech capacity we have left. Posted by OldSpook


Yes, the "giant sucking sound" revisited. The exporting of IT developer jobs overseas is a reality. Need evidence? Obamacare's CGI Federal is the beltway arm of a Canadian company.
Posted by: Besoeker   2013-12-06 04:18  

#4  Ever consider TRAINING a few folks?

Open a training facility in USA and, it turns out, that 90% of qualified applicants are white heterosexual males.
Posted by: g(r)omgoru   2013-12-06 02:29  

#3  Complete and utter bullshit.

The jobs going unfilled are that way because A) they are low pay for the work desired, and B) they have to be open to qualify for H1B stayus (AKA indentured servants/serfs) to fill them legally.

The net effect of H1B on the US tech sector has been to depress wages, force people out at age 40 (hire 2 Indians for less because H1B allows them to artificially depress the wages plus jack up the work hours), right when the US tech's earning power should be greatest because their productivity is greatest. It encourages 60+ hour work weeks and crappy engineering practices, inexperienced and poorly trained replacement repeating mistakes over and over, working 60+ a week endlessly, living 6 to an apartment so they can send back theDollars to their village.

And they wonder why US younger generation is avoiding the IT world? Its because they aren't blind or stupid when it comes to IT - they see the demolition of wages and working conditions thanks to H1B, big companies using the government to distort the market and create virtual serfs, and the stacked deck instead of the open competition on merit. H1B needs to be destroyed. Period. If we need the brainpower, then give them a green card, and let them compete fairly in the labor market. As it stands they have to accept lower pay and outrageous work demands because if they don't, )unlike a US worker who can tell the exploiter FK U) they get their H1B visa pulled by the *employer* and get carted back to Mumbai or whatever 3rd world shithole they came from.

End H1B *now*, its an abomination, and a strategic threat to the nation, as it destroys what little native tech capacity we have left.
Posted by: OldSpook   2013-12-06 02:28  

#2  Our NPR ACA and H-1B Navigators are standing by. Pick up your phone and call NOW !
Posted by: Besoeker   2013-12-06 01:02  

#1  Considering how many Indian Air Force planes have crashed, + how many Indian Navy ships have caught fire in port or drydock, this may actually end be a boon for India.

NOT SURE, HOWEVER, IFF DOROTHY LAMOUR'S SIGNATURE FRUIT HAT WILL BE ABLE TO FIT IN BING-N-BOB'S LUGGAGE - WE KNOW THE BOYZ WON'T STARVE DURING THE TRIP???
Posted by: JosephMendiola   2013-12-06 00:14  

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