30B Dollar Company based in Houston is no longer hiring U.S. degreed engineers, moving forward only souring only from China, India & Malaysia. Hiring freeze on all US based staff, will not back fill these positions. Talk about a shift in policy! WAKE UP FOLKS
That's pretty scary. Especially so because they will probably find some pretty good talent there at a fraction of the cost. Not much anyone can do about it though.
Now, are they outsourcing the work to those countries or are you saying they are hiring from those countries and bringing them to the US to work? There's a big difference.
Tom's balls, a link to a credible article source would be appreciated, unless it's from the National Enquirer.
This is dumb as hell. I realize this person has been around a while, but they either need to post a credible link to invoke a discussion or mention that this was said as some kind of joke that missed its mark and be done with it. Usually stories like this would be mentioned elsewhere in the blogosphere but I searched in general terms and didn't find anything. Not that moves like this are really that unusual.
Such situations are not confined to USA alone. All developed countries are facing similar situations. India and China produce engineers by the millions, it is definitely difficult to compete against them in terms of costs.
As others have already said, it's almost impossible to comment on this without knowing any of the details. There's two sentences there and they aren't entirely consistent. The first talks about 'US degreed enginers', the second about 'US based staff'. The first is almost certainly false. The second is a little more plausible. (Many foreign enginers were trained in the US, after all.) I'll speculate that if there's any truth to this, which I have no way of knowing, then that what it might be telling us that given current economic and regulatory conditions, this mystery company is only expecting to see growth in some of its Asian emerging-markets projects. Multinational companies often hire local staff for local projects. That's especially true on the technician, service and customer-support level. Sometimes it's a condition of getting local regulatory approval. We see that happening here in the US, where before a local government decides whether to issue permits for a new industrial facility or a new project, it often insists that it produce local jobs. Given that this unnamed company is reportedly in Houston, given Houston's role in the American petroleum industry, and given the suddenly doubtful future of the recently hopeful and expanding Gulf of Mexico offshore-oil operations, and I wouldn't be surprised to see numerous negative effects rippling out through the Houston employment scene. It increasingly appears that the only off-shore oil drilling work on earth for years to come is going to be found overseas, sponsored by more aggressively growing and less environmentally fastidious governments and economies such as China's. That's all just speculation though, since we don't actually know the company, its industry, the circumstances, or even the truth of this report.
I can't offer any links either. From personal experience I have answered ads where a company is asking for 10 years of progressive experience, multiple educational achievements, and at the interview you are drawn into a long discussion of what projects you have worked on. Then you are offered something on the order of $20,000 a year. Then the local news reports how companies are forced to hire from overseas because there are not enough qualified Engineers in the US. One way to spot these jokers is to look for something about H-1 Visa mentioned in recruiting literature.
I've worked for several German logistics companies over the past decade or so. They routinely bring in Germans from overseas rather than fill the positions with US folks. It's kind of like reverse outsourcing, and drives me nuts.