Offshore Jobs

In Australia, the federal police have formed a new unit whose one-track job would be to sniff out illicit money transfers happening through crypto assets. With increasing scrutiny over the sector, the Australian police force is aiming to delve deeper into understanding the models of organised financial crimes.

Spanish renewable energy giant Iberdrola has committed to invest 6 billion ($8.2 billion, 7.1 billion euros) to create Britain's biggest offshore wind development, Prime Minister Boris Johnson and the company said on Monday.

In terms of job offer declines, the IT sector is followed by the offshoring sector at nearly 30%.

One of the world's oldest banks, Royal Bank of Scotland plans to offshore more jobs to India

The offshoring picture is also more complex than official statistics indicate as a shuttered factory in the United States does not always mean a new factory abroad.

Some companies said Trump's broadside was not sufficient to compel a change in plans.

Trump declared that he intends to incentivize businesses to stay in America by lowering corporate taxes and slashing regulations, two key components of his economic agenda.

India's largest IT service provider Tata Consultancy Services (TCS) today bagged a major deal to handle nearly 1,000 offshore jobs for the British energy giant Npower as part of its restructuring.

NPower, one of the UK's leading energy providers, is expected to announce plans to offshore thousands of call centre jobs to India as part of its cost-saving efforts. The decision to outsource its call centre operations is likely to impact 2,000 staff with job losses of around 1,000, according to a report by the Daily Telegraph.

Credit Suisse conducted a detailed research on employment and salary patterns of Tata Consultancy Services (TCS) employees and concluded that the average wage hike (7 per cent) for offshore employees in 2013-14 was at multi-year low. TCS is India's biggest outsourcer with nearly 3 lakh employess.

The Bentonville, Arkansas-based company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the U.S." with its pledge made in January to buy an additional $50 billion in U.S.-made goods over the next 10 years.

"The broader issue is one that is of concern to the President and one that he's focused on, because in terms of the policy matters that it raises, the report by Senators (Carl) Levin and (John) McCain raises a set of broader issues around companies that ship their profits and their jobs offshore," White House Press Secretary Jay Carney told reporte...

The Top 10 companies benefitting from H-1B visas are offshore outsourcers, a US publication reported on Tuesday, prompting an eminent American engineering organisation to seek a review of the ongoing immigration reforms.

President Barack Obama sketched an ambitious second-term agenda in his State of the Union speech on Tuesday, challenging a divided Congress to back his proposals to create middle-class jobs and overhaul gun and immigration laws.

US President Barack Obama and Vice President Joe Biden on Tuesday went full blast against Republican presidential nominee Mitt Romney, accusing him of outsourcing American jobs to countries like India and China. "There was an article the other day in The Washington Post about how Romney's former firm -- you know, -- was a pioneer in offshoring job...

In Australia, the federal police have formed a new unit whose one-track job would be to sniff out illicit money transfers happening through crypto assets. With increasing scrutiny over the sector, the Australian police force is aiming to delve deeper into understanding the models of organised financial crimes.

Spanish renewable energy giant Iberdrola has committed to invest 6 billion ($8.2 billion, 7.1 billion euros) to create Britain's biggest offshore wind development, Prime Minister Boris Johnson and the company said on Monday.

In terms of job offer declines, the IT sector is followed by the offshoring sector at nearly 30%.

One of the world's oldest banks, Royal Bank of Scotland plans to offshore more jobs to India

The offshoring picture is also more complex than official statistics indicate as a shuttered factory in the United States does not always mean a new factory abroad.

Some companies said Trump's broadside was not sufficient to compel a change in plans.

Trump declared that he intends to incentivize businesses to stay in America by lowering corporate taxes and slashing regulations, two key components of his economic agenda.

India's largest IT service provider Tata Consultancy Services (TCS) today bagged a major deal to handle nearly 1,000 offshore jobs for the British energy giant Npower as part of its restructuring.

NPower, one of the UK's leading energy providers, is expected to announce plans to offshore thousands of call centre jobs to India as part of its cost-saving efforts. The decision to outsource its call centre operations is likely to impact 2,000 staff with job losses of around 1,000, according to a report by the Daily Telegraph.

Credit Suisse conducted a detailed research on employment and salary patterns of Tata Consultancy Services (TCS) employees and concluded that the average wage hike (7 per cent) for offshore employees in 2013-14 was at multi-year low. TCS is India's biggest outsourcer with nearly 3 lakh employess.

The Bentonville, Arkansas-based company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the U.S." with its pledge made in January to buy an additional $50 billion in U.S.-made goods over the next 10 years.

"The broader issue is one that is of concern to the President and one that he's focused on, because in terms of the policy matters that it raises, the report by Senators (Carl) Levin and (John) McCain raises a set of broader issues around companies that ship their profits and their jobs offshore," White House Press Secretary Jay Carney told reporte...

The Top 10 companies benefitting from H-1B visas are offshore outsourcers, a US publication reported on Tuesday, prompting an eminent American engineering organisation to seek a review of the ongoing immigration reforms.

President Barack Obama sketched an ambitious second-term agenda in his State of the Union speech on Tuesday, challenging a divided Congress to back his proposals to create middle-class jobs and overhaul gun and immigration laws.

US President Barack Obama and Vice President Joe Biden on Tuesday went full blast against Republican presidential nominee Mitt Romney, accusing him of outsourcing American jobs to countries like India and China. "There was an article the other day in The Washington Post about how Romney's former firm -- you know, -- was a pioneer in offshoring job...