Computer Science Corporation announces a goal of 50% offshore workers within 3 years
In the latest quarterly earnings report Mike Laphen, Chairman President and CEO of Computer Science Corporation, a large government contractor, announced a target of 50% of offshore workers.
"I would just answer that Mike I think you also keep looking in the contacts though of the business mix and particularly with the new business levels that we're waiting, will be infusing that revenue stream and that will come at a better margin and also will reflect and enhance our ability to increase our offshore mix of employees which today is around 32% to 33% and we've set ourselves a target of 50% over the three year period. So good opportunity to improve the margins through the mix of business as well."
-Mike Laphen
Link to Quarterly Earnings Report:
http://seekingalpha.com/article/187920-computer-sciences-corp-f3q10-qtr-...
they should ban the offshore outsourcing
on all government contracts. That's Federal and States. It this just pathetic? That's U.S. taxpayer money being used to create jobs in other countries while the United States has massive unemployment. It's also helping other countries economies and not the United States.
It's also unpatriotic.
Thank you for writing this, that's one of the features of the site, to make people aware of what's going on and these stories show up, if at all, as a blip and not enough people even are aware of things like this.