In so many words this is what some
top executives had to say about the current job situation:
Both he and Fiorina defended the shift of high-tech jobs to India and other countries, saying such outsourcing has been going on for years in the industry and helps companies increase their workforce in the United States by keeping them profitable. The way to increase information-technology jobs in the United States, they argued, is to have a well-educated workforce and ensure that the country remains the world's high-tech leader by stressing innovation.
Yep, those pink slips you see mean blue skies ahead.