January 7, 2004

Tech firms defend moving jobs overseas
Posted by deisenhart@bostonworks.com">Douglas Eisenhart at 4:02 PM -

More on the overseas job shift, which promises to really heat up as an issue in this presidential election year:

Worried about possible government reaction to the movement of U.S. technology jobs overseas, leading American computer companies are defending recent shifts in employment to Asia and elsewhere as necessary for future profits and warning policy makers against restrictions.

In a report released Wednesday, the companies said government efforts to preserve American jobs through limits on overseas trade would backfire and "could lead to retaliation from our trading partners and even an all-out trade war."

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