The Y-Axis Blog

IT opportunities are emerging in compliance, document management, virtualization and business intelligence.

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The layoffs announced by Microsoft drew the attention of a U.S. senator and added a new wrinkle to the H-1B debate: Should foreign guest workers be let go before U.S. residents are?

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The total number of IT jobs is declining because of the recession. But some vendors and users are still hiring tech workers — even Microsoft and IBM, despite their cutbacks.

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For the two out-of-work engineers, it’s a race against time. They’ve lost their Silicon Valley jobs and need to quickly find others at a time when companies everywhere are tightening their belts. 

Both are Indians whose advanced degrees were earned at American universities. And both are facing the inflexible rules of their H-1B work visas. 

Technically, as soon as they lost their jobs, they were required to leave the country. In reality, they can probably wing it for a week or two, but not much longer. (more…)

Mumbai: TCS on Wednesday announced that it signed a $100-million agreement to provide IT services to a UK-based telecom company 4U Group, which runs Phones 4U.

TCS has around 4,800 people working in 65 locations in the UK. AS Lakshminarayanan, VP and country manager (UK & Ireland) of TCS, said: “This contract underlines the important role that TCS plays in enabling the UK businesses to enhance their competitiveness and retain market share, especially in the current economic environment.

“Under the agreement, TCS will provide a full-range of IT and business change services to 4U Group like service management, application support, maintenance, management and development, data centre and desktop services.

Source: Economic Times

Answer: In both countries. 

I’ll bet you that President-elect Barack Obama’s job math will be fuzzy when he details the part of the $800 billion or so stimulus going to improve health care IT.

Many of the planned health care IT improvements, eliminating paper, creating portable electronic documents for patients and building vast databases to connect it all, involve application development and maintenance, which is the bread and butter of the offshore industry.

There is no doubt that this development work will be sent offshore by U.S. IT firms. Overseas firms may bid directly for this work but will likely get it as subcontractors. (more…)