IT giant adds 150 jobs in Twin Cities

NetworkingStudent

IT giant adds 150 jobs in Twin Cities | StarTribune.com

The Wall Street Journal published a story in August identifying Tata's Minnesota expansion as an example of a larger trend of Indian firms stepping up U.S. hiring. But while it's adding 150 jobs in Bloomington, the company also has said it plans to hire 50,000 people in India this fiscal year.

Tata has 243,000 employees in the world and 20,000 in the United States. In 2007, officials at the company said about 90 percent of its 1,000 workers in Minnesota were not hired here, though the firm wanted to find more employees locally.

I'm just not sure what to think of this...

halaakajan

I always get confused if this is affecting us here in N.America or not.

Roguetadhg

Isn't Tata that indian car manufacturer?

Tackle

Roguetadhg wrote: »

Isn't Tata that indian car manufacturer?

From the Article "The group is now involved in numerous businesses, making textiles, automobiles, consumer products, steel and chemicals. "

Sett

Roguetadhg wrote: »

Isn't Tata that indian car manufacturer?

There is telecommunications provider by that name, as far as I know, part of the Tata corporation. I had to deal with them couple of times and I really hated it. They were not very professional.

ratchoke

Yes, no matter what outsourcing is bad for our economy. If we can't get jobs, we aren't spending money. If we can't spend money how are these companies EARNING money to backup their reason for outsourcing? Which is technically, they save cost and will in turn profit more, therefor, being able to expand and hire new employees from NA.

But again, if we keep outsourcing job, who's making the the money to spend in the country?

ptilsen

ratchoke wrote: »

Yes, no matter what outsourcing is bad for our economy. If we can't get jobs, we aren't spending money.

This is a much bigger topic and I don't think we should get into it here, but you really shouldn't go around making statements like this. To declare all outsourcing as bad is to fundamentally misunderstand basic economics.

In this case, it's an Indian company outsourcing jobs to Minnesota. That seems backwards for this industry, but I, for one, will not complain about that. More demand for people in my field in my region only means my value goes up. An outside entity spending its money here and providing jobs stimulates the local economy. I welcome Tata and its jobs, although I'll stick with mine.

Hopefully they find local workers for these jobs, rather than bringing in foreign workers. Things have been good for IT in the Twin Cities, but there are still people looking for jobs, and I suspect Tata will be able to find plenty.

JDMurray

I think there's a misunderstanding here about the difference between outsourcing and off-shoring. From what I've seen, a lot of off-shoring experiences have resulted in many businesses realizing that some jobs are best done in the USA (e.g., customer service at Earthlink and Dell).

And Tata Group is a huge Indian conglomerate that own many industries. They are a popular choice for off-shoring software development. Their initial prices are attractive to new customers who have never experienced the hidden costs of managing projects from the other side of the Earth. Again, you gotta go through the experience to accept the lessons learned.

themagicone

I just put in their 20/20 mpls. They spent a lot of money on their new office.

bdub

I live pretty close to the normandale towers and interviewed for a position with a company in one of the towers, was very nice. Better offices than where I currently work.

stiltner

I've contracted with foreign based companies, with ESL employees.

As long as they pay my bill, I don't care if they speak sheep.

It's the world we live in today. If they are expanding 150 jobs in that region, that
means they have confidence enough that those 150 people will generate more income
than they pay for them.

Thats why businesses expand. While 150 jobs doesn't sound like a lot to you.
If they average 50k a year, thats a lot of trickle down funding for the region.
That's millions in new funds into the area, with the potential for more people to
move into the area in order to procure those jobs. Those new people and new jobs
will help the local gas station, the local housing market, and the local mom & pop
stores. It will also help the giant companies too, and a lot of times, if they see someone
else shift direction to a location, or expand, they will too in order to feed the needs of
those new workers.

IT is changing, and growing at the same time. Tata is many things, but if its investing
in America, thats a good thing, even if its only a small drop in a larger bucket, at least its
a drop that can ripple forward.