Mock Wall Street Journal paper during the protest | http://occupywallst.org/
Occupy Wall Street’s clamor for more and better jobs will cause many U.S. companies to limit their use of foreign resources, according to the CEO of HCL Technologies. “The current anti-Wall Street protest is a frustration emerging out of joblessness and pent-up demand for more work. Tomorrow, no company will do business with you if you are not in the business of job creation.”
In light of the OWS protests and a national unemployment rate above 9%, U.S. companies will increasingly require their IT suppliers to employ workers on U.S. shores, in the same way that some manufacturers stipulate that their component suppliers meet standards for humane working conditions or the use of green technologies and business practices. To get ahead of the curve, Nayar said HCL will shift more work to the United States, where most of its customers are anyway. He said about 8,000 of the company’s 83,000 employees are now in the United States, and that number will grow. In September, HCL announced the opening of a development center in Redmond, Wash., where it plans to hire about 400 workers over the next two years. HCL’s Collaborative Engineering Hub will provide development services for Microsoft.
Read more at InformationWeek
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