@AC ... Re: Is Offshoring that profitable now
Unfortunately it is.
Remember IBM will outsource Lloyds and within 4 years, the jobs will all be offshored to India or some other cheap resoruce nation where its not only the exchange rate, but also employees will be paid salary in local currencies.
So IBM will make coin off the deal. Also they'll downsize the staffing requirements too.
Watch Lloyds sue IBM in 5-6 years when IBM screws this up. Of course those doing the deal will have long since left the building laughing all they way to the bank.
Biting the hand that feeds IT
