Case in point:
- Tellabs Inc. (Nasdaq: TLAB; Frankfurt: BTLA) is outsourcing its international product manufacturing to Elcoteq Network Corp., a move that affects 300 jobs.
- At least 1,000 jobs are being affected by Sprint Corp.'s (NYSE: FON) decision to move some applications development overseas, according to a report in the Kansas City Star. The outsourcing deals are old news, but now there's an inkling of how many jobs are cut (see Sprint Springs Outsourcing Deals).
- AT&T Wireless Services Inc. (NYSE: AWE) is making plans to lay off more than 10 percent of its 30,000 workers over the next year as it farms out jobs overseas, according to a Wall Street Journal report.
- Infosys Technologies Ltd., an outsourcing beneficiary based in India, is worth $1 billion more than its U.S. competitor Electronic Data Systems Corp. (EDS), even though EDS has about 121,000 more employees and more than 20 times the revenues.
- Would it be wrong to bring up the Montreal Expos here? Why does a Canadian team play "America's pastime" so close to the equator for so much of the year?
Okay, Headcount will cease the outsourcing observations for now. Better yet, we'll hire a room full of wise-cracking columnists in Beijing to handle next week's column duties. And we're not giving them bathroom breaks, either. Until then, there are plenty of hirings and firings to ponder this week:
And now here's a rundown of some other notable appointments (and disappointments) from the past few days:
- Broadwing Names New CIO
- Global Crossing Names CMO
- Syrus Madavi Joins Avanex Board
- Yipes Switches CEO Again
- Riverstone Hires New Finance VP
- Albis Appoints CEO
- Santur Names VP of Operations
- Ciena Names Worldwide Sales SVP
- Zhone Gets a Symbol (and Layoffs)
- Ricochet: Dead Again?
— Phil Harvey, Senior Editor, Light Reading