Cisco CEO John Chambers: Man, Do I Love India (CSCO)

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JohnChambersIndia.jpgTech companies commonly outsource jobs to India, but rarely do we see a CEO so unabashed about it. Cisco CEO John Chambers tells the NYT that he wants to expand the workforce in India from 4,000 to 6,000 employees over the next three to five years, and he wants 20% of his managers to either come from India or at least have worked in Bangalore for a year.

The CEO also listed three India tech giants -- Tata Consultancy, Infosys, and Wipro -- as the top three companies he’d want Cisco to partner with because “they see the world as we do” (whatever that means).

India is obviously a growth opportunity for every tech company, and especially because labor is still cheaper than it is over here, we can expect to see more jobs moving over. You could argue that Chambers could find a better time to boast about moving American jobs overseas -- or you could argue that he's being admirably forthright.

See Also:
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11 Comments

Hehateme said:
Cisco helps china spy on its people and america. John Chambers should arrested for TREASON. A nice prison cell next to O.J. Should be his home.
Dave said:
Chambers is just another MBA who worships at the altar of the almighty dollar. Soon to be the much-less-mighty-dollar. Let's see how many outsourced jobs that buys in 5 years...
Iraq Updates (URL) said:
Hi,

He should buy....UTSI then. They have a big head start in India and China...for IPTV

Peace,
Dan
Gordon said:
i should have sold this pig at $30
Gordon said:
i think chambers has a law degree. not that it matters much.
Right-on Indo-Power!

Americans are ignorant, overpaid, and lazy.
It’s too bad your greed is screwing over the rest of the world. It would be nice if you would just sink to the bottom without dragging the rest of us down.
Amit Chowdhry (Pulse 2.0) (URL) said:
Hiring 2,000 more employees in India will cost the company about $20-30 million more per year (based on average salaries for IT workers). At a market cap of over $100 billion, I'm sure it's worth taking the risk.
Floyd said:
Is this really a story? The outsourcing threats have been made for decades.
anonymous said:
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american said:
You can thank the fact you have a job to America, FA. You can thank the ignorant, lazy and overpaid Americans for making that technology company you can do your back end junk on. And when India no longer offers a cost advantage we'll move on to the next country. Since we're overpaid, you're welcome to come live in this country on whatever it is you make over there, without getting shot up sleeping in your cardboard box in the ghetto. Ignorant SOB. I'm waiting for the day India has a company that competes with Cisco, not just caters to them. Heck, China's doing better at that than India is.
Miroslaw (URL) said:
I have lost Cisco engineering job 4 years ago when my two children attended colledge.
During my last weeks at Cisco I had to train engineers from India.
Next year my second child will graduate.
I expect that in 2009 all four of us, USA citizens with colledge diplomas will be unemployed.
We live just a few miles from globalist John Chamber.
He can see first hand what he did to my family and other 100 000 of Cisco employees whos jobs he eliminated.
Can he sell more routers to India to replace sales lost in USA?
Unemployed people no longer need technology.
All what we need is food, shelter and medical care.

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