Skyline Global Outsourcing Update

Is American foreign aid being used to subsidize the creation of overseas jobs that replace US workers? A recent project announced by USAID suggests the answer may be yes. The US Embassy in Sri Lanka announced late last week that it will be funding a new program in the South Asian country that will help train workers to speak English and business managers to take advantage of business outsourcing. The program to teach Sri Lankans how to benefit from outsourcing joins three other projects that USAID, the State Department's foreign aid arm, is funding in the country. Another of these projects involved USAID helping "a major garment manufacturer to expand its operations to northern Sri Lanka. This alliance is expected to initially employ 750 full-time staff and market its finished apparel to such firms as Tommy Hilfiger, Polo Ralph Lauren, Columbia Sportswear, Next, Tesco, and Burberry."

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).