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could cost $60,000-$90,000 a year. A side effect of this practice led to the domestic unemployables of thousands of high-tech professionals, many of whom were new college graduates. Many of these new graduates studied high-tech fields specifically because a few years earlier, they were told there was an earnest need for people with the skills they actively acquired...
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Many companies required their employees to train their offshore replacements, after which they were downsized (laid off). Outsourcing is not just related to the services sector. A lot of manufacturing of products is also outsourced to countries like China and Taiwan. Consumer products including clothes and computer hardware are manufactured in these countries due to cheap labor...
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