The Change Mariner

Technology Jobs Moving To Asia

Yahoo! News:

Technology companies are seeing a rebound in business, but top executives this week said any jobs added to meet growing demand will likely be in countries where labor is cheaper than the United States.

Executives speaking at the Reuters Technology, Media and Telecommunications Summit in New York said they see increased hiring in countries like India and China, but few jobs will be added in the United States.

Michael Jordan, chief executive of technology services provider Electronic Data Systems Corp. said EDS's number of employees in low-cost locations like India will rise to 20,000 from 9,000, by 2006.

Bruce Claflin, chief executive of network products maker 3Com Corp. said the company's joint-venture with Huawei Technologies of China will add 1,000 engineers, all supplied by Huawei.

In the future, customers "won't know where the technology comes from," Claflin said.