British IT industry approaching meltdown: report

indiaBPOking

You got the cause-effect backwards.

The outsourcing is pushing the students out of the field. Nobody wants to waste 4..6 years of hardwork study just to find a ballpoint pin headed CEO telling them that they have to accept ridiculously low wages, because somebody in India can live one year with the average one week British wage.

So it is not the shortage generating the outsourcing, but it is the outsourcing generating the shortage. And unfortunate, politicians are so well bribed that until a Western economy will completely collapse, they won't rise a finger against their corporate masters interests.

It is called supply & demand. No job security and decent wages in the field, no more kids will rush to get a degree in that area.

Yeah sure :-) Anyone will take Microsoft seriously anymore ? It is not about "COOL" it is about "DECENT PAY" for the efforts and about "JOB SECURITY".

In translation: "We have people way to smart for our dumb company, so let fire them and get some programmers in Asia who barely know what a computer is. But we pay less."

This is a very good point about outsourcing. Companies complain that people are "overqualified" and this drive them offshore. And in the head of idiotical business people and criminal CEOs this is called SHORTAGE.

CONCLUSION: =========== People (everywhere in the world) need to push for legislation to regulate multinational corporations and keep them in leash.