Companies mum on savings from IT offshore outsourcing

Here's more on the impact of IT outsourcing. Computerworld observes that many large public companies, such as Microsoft, AT&T, and IBM, who are usually quick to trumpet their cost-cutting initiatives, are slow to publicize how much they are saving by moving IT jobs offshore, fearing an anti-outsourcing backlash. Furthermore, major Indian outsourcing firms such as Infosys, Wipro, and Satyam have stopped announcing new customers.

"The problem is that companies aren't sure if it's politically correct to talk about it," said Jack Trout, a principal at marketing and strategy firm Trout & Partners. "Nobody has come up with a way to spin it in a positive way."

The article predicts that as many as 2 million U.S. white-collar jobs such as programmers, software engineers and applications designers will move offshore by 2014.