Cognizant Technology Solutions Corp., one of the largest providers of outsourcing services, plans to hire about 10,000 U.S. workers, potentially soothing concerns that the industry is harming the domestic job market.
The U.S. government “really blew it” on conducting surveillance programs that riled foreign leaders and domestic skeptics, Facebook Inc. Chief Executive Officer Mark Zuckerberg said in a television interview.
A recent news item reported that three programmers, all in their 20s, had whipped up an alternative to the U.S. health-insurance exchange system and claimed it was much more effective than the government’s system.
Even with the recent strength in the U.S. manufacturing sector, labor-intensive industries won’t return to the U.S. as long as the huge labor compensation gaps persist with Asian and other developing countries. Sure, there will be niches created when quick delivery, changes in fashion and other developments require production to be close by.
Infosys Ltd., India’s second-largest software exporter, agreed to pay the U.S. a record $34 million in an immigration case to settle allegations the company abused a visa program intended for business travelers.
Infosys Ltd. is preparing to pay about $35 million to avoid restrictions on its use of U.S. work visas under a potential resolution of the company’s use of entry permits, said a person with direct knowledge of the talks.