Quarter of IT jobs will move offshore by 2010

A quarter of traditional IT jobs in Western countries will move to offshore locations such as India by 2010 as the global outsourcing trend continues to boom, according to the latest figures from Gartner.

The research shows that outsourcing as a whole is outstripping the IT services market in Europe, growing by 3.1 per cent in 2004 and predicted to rise to 8 per cent by 2007, with the offshore element tipped to grow hugely. Gartner predicts almost a third of leading European businesses will include an offshore element in their IT plans by 2005....

--silicon.com

Roger Cox, a Gartner vice president, says you shouldn't be so glum:

"That 25 per cent is over a long period of time," he said. "And if we turn back to a period of growth then you'll find those jobs could go entirely into growth," he told silicon.com.

But what does "go entirely into growth" mean? Does it mean "go into creating new jobs in the West"? Or does it mean "go directly into CEOs' pockets"? We have "growth" now -- GDP growth, stock-market growth over the last year or so. We just don't have any damn jobs.

(Link via INTL-News.)