In the election rhetoric the candidates spoke a lot about increasing manufacturing jobs in the US, but will that every be enough to stem the tide of all types of jobs going overseas? The Hackett Group, a global strategic consulting firm, reports that in the last ten years 663,000 large-company service jobs in the US have been lost to overseas. In the next four years, they estimate that another 375,000 will go the same way. Large companies can save a tremendous amount from salary reduction, as much as 75 percent, which increases the bottom line, without increasing sales or improving productivity.
Follow me on Twitter