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Forum ยป Short sell everything with substantial outsourcing
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Thread: Short sell everything with substantial outsourcing

post 1704892921 08-11-2024, 07:52 PM
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Short sell everything with substantial outsourcing

I'm seeing it first hand from an insiders point of view. Nearly every company with outsourcing is failing on multiple fronts, especially outsourcing to india/china. Also any company which outsources its own operations to 3rd party's.

The economy is buckling and these 3rd parties are cutting corners in ways the umbrella company cannot see in time. The chickens come home to roost.

You've been told.
post 1704892981 08-11-2024, 07:54 PM
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Wouldn't cutting corners make outsourcing the smart move?
post 1704893121 08-11-2024, 07:58 PM
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Originally Posted By OliverHeldens⏩
Wouldn't cutting corners make outsourcing the smart move?
It would in a loose labor market in a healthy economy. Right now there's a scramble for compitence across the board. Lots of brain drain happened and no one knows why.

This means the 3rd party has even less compitence as they pay their workforce less and hire to fill seats. The person who sells the outsourcing is the smart one, not the people executing the outsourcing.

Companys want a quick fix to brain drain and lifeline after biting the AI bubble hook line n sinker
post 1704893301 08-11-2024, 08:07 PM
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Originally Posted By FrostF⏩
It would in a loose labor market in a healthy economy. Right now there's a scramble for compitence across the board.Lots of brain drain happened and no one knows why.

This means the 3rd party has even less compitence as they pay their workforce less and hire to fill seats. The person who sells the outsourcing is the smart one, not the people executing the outsourcing.

Companys want a quick fix to brain drain and lifeline after biting the AI bubble hook line n sinker
How is that possible? If the problem is as severe as it sounds, there has to be an explanation.

Are senior people retiring? Did they fire all the smart people? What is it?
post 1704893421 08-11-2024, 08:13 PM
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Originally Posted By Zelensky⏩
How is that possible? If the problem is as severe as it sounds, there has to be an explanation.

Are senior people retiring? Did they fire all the smart people? What is it?
Boomers retiring, seeing it in a lot of industries right now.
post 1704893511 08-11-2024, 08:15 PM
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Originally Posted By JackyChin⏩
Boomers retiring, seeing it in a lot of industries right now.
I'm seeing that too, but it's been happening gradually and it's been well known it was coming. No company should be scrambling because of brain drain or wondering where it went unless they're completely incompetent.
post 1704893631 08-11-2024, 08:19 PM
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All of your Big Tech companies at the top of the NASDAQ employ literal armies of H1-Bs. In the engineering ranks, we are very literally talking 10 immigrants for every 1 citizen.
FA Crew
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post 1704893681 08-11-2024, 08:20 PM
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Originally Posted By Zelensky⏩
I'm seeing that too, but it's been happening gradually and it's been well known it was coming. No company should be scrambling because of brain drain or wondering where it went unless they're completely incompetent.
Just because you know it's coming doesn't mean you can do anything about it.
post 1704893821 08-11-2024, 08:23 PM
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Yea one of the companies we use for shipping just went under friday morning. A multibillion dollar company.

Part of the reason is that USPS is going to pump an extra 25% of funding into expanding and eliminating 3rd party companies. I'm guessing that's why Pitney Bowes just decided to file for bankruptcy and liquidate their assets. 11k people added to the unemployment pool on top of all these other places going out of business.

It's getting real weird out there.
post 1704895491 08-11-2024, 09:11 PM
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Nah
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