Intel and J.P. Morgan Chase to Expand Indian Operations - 0 views
-
Mohammad A on 10 Dec 10Intel, a major computer-chip maker and Chase, the investment banker thats gone global, are now planning on outsourcing many important tasks to India, leaving what will left in the United States as high-proficiency jobs. Many other companies such as Cisco are also following Intel and J.P. Morgan Chase's lead by sending "lower-proficiency" jobs and tasks to India, leaving more space for jobs here. Immense amounts of money are being spent by Intel (1 billion dollars in investments and 800 million dollars in research).