Comment Cheap IT labor is to blame. (Score 1) 211
I've seen this trend the last 10 or so years and it's hitting harder and harder. It started with H1Bs and they filled the needs but now more and more US companies are laying off white collar workers in favor of an overseas labor market. I can't tell you how many times as management I've had to "relocate" a position to India because of budget cuts all while the company reports record profits. I hope there are tax penalties in place for US based companies who desire to continue this trend to shave pennies here and there in the workforce.