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Y-Body
05-18-2016, 9:58am
Newspaper Publishers Outsource IT to India (http://www.computerworld.com/article/3071744/it-careers/publisher-of-la-times-and-chicago-tribune-sends-it-jobs-overseas.html?google_editors_picks=true)
If major newspaper chains move IT work offshore, will that hurt coverage of job outsourcing?

Tribune Publishing Co., a major newspaper chain, is laying off as many as 200 IT employees as it shifts work overseas.

The firm, which owns the Los Angeles Times, The Baltimore Sun, Chicago Tribune, Hartford Courant and many other media properties, told IT employees in early April that it's moving work to India-based Tata Consultancy Services.

Interestingly, the Tribune IT employees were notified within weeks of a similar announcement involving IT employees at the McClatchy Company, another major newspaper chain.

McClatchy, which owns the Miami Herald, The Sacramento Bee and many other newspapers, is laying off between 120 and 150 IT employees. That company hired Wipro, an IT service provider also based in India.

The impact of these IT outsourcing decision may go beyond the job losses. It could affect coverage of this controversial issue.

The Los Angeles Times, in particular, in columns and editorials, was critical of Southern California Edison's offshore outsourcing of IT jobs. The utility hired India-based vendors, including Tata Consultancy Services, and then cut some 500 IT jobs.
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Some employees were offered a "transition bonus" to help with the transfer of work to the contractors. The layoffs are expected to occur over the summer and into the fall. Some employees will be offered jobs with Tata.
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DAB
05-18-2016, 10:02am
if that happened to me, i'd walk out that day. bye.

Rob
05-18-2016, 10:42am
Sounds like what Carly Fiorina did to HP which ran it into the ground

:seasix:

boracayjohnny
05-18-2016, 10:54am
These folks seem to be concerned only about money. The money they can get in bonus' for cutting costs. Sometimes, folks realize too late there are consequences and repercussions for things they do.

6spdC6
05-18-2016, 11:11am
These folks seem to be concerned only about money. The money they can get in bonus' for cutting costs. Sometimes, folks realize too late there are consequences and repercussions for things they do.

Most time shit like that is done to keep the shareholders happy.

DAB
05-18-2016, 11:16am
These folks seem to be concerned only about money. The money they can get in bonus' for cutting costs. Sometimes, folks realize too late there are consequences and repercussions for things they do.

Most time shit like that is done to keep the shareholders happy.

and in 2 years, the company is out of business, the insiders pick up the remains for pennies, re-invent the idea and do it again.

Craig
05-18-2016, 11:20am
and in 2 years, the company is out of business, the insiders pick up the remains for pennies, re-invent the idea and do it again.

If it didn't work, it wouldn't be happening over and over.

Burro (He/Haw)
05-18-2016, 11:53am
Capitalism. :cert:

Ol Timer
05-18-2016, 12:01pm
Most time shit like that is done to keep the shareholders happy.

True. There was a time when shareholders were folks like you and me. Today, shareholder means large institutional or pension funds who control/influence corporate decisions for immediate performance. They don't give a rip about the long term future of the company. :issues: