Posted on Feb 2, 2017
Indian Tech Was on the Brink Even Before Trump's Shove
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Posted 8 y ago
Responses: 1
interesting...
Love the way folks are commenting in support of the outsourcing
..."... Investors are nervous about any margin sacrifice a battle for new technologies would entail. TCS is trading below 16 times expected earnings, the lowest since the 2008 financial crisis. Infosys is faring even worse. Trump hasn't brought India's outsourcing industry to the brink; but his anti-immigration stance may push it over..."...
Love the way folks are commenting in support of the outsourcing
..."... Investors are nervous about any margin sacrifice a battle for new technologies would entail. TCS is trading below 16 times expected earnings, the lowest since the 2008 financial crisis. Infosys is faring even worse. Trump hasn't brought India's outsourcing industry to the brink; but his anti-immigration stance may push it over..."...
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SPC Erich Guenther
Yeah I have no sympathy for TCS or Infosys both companies are abusing the H1b program and their management knows it. Worked and spoke with both. They will deny it publicly but you ask them one on one on any client site and they admit they are low balling bids on a regular basis freezing both American workers and American firms out of the bidding process.
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