Even the enterprise software oligopolists SAP & Oracle are laying off workers at their offshore outsourced Indian offices.
Supposedly some of this is India-specific sales, which I could understand more.
But the majority of these Indian offices are working on offshored work in product dev, consulting, internal G&A tasks such as Finance/Accounting, etc, for a rich country end customer, especially the US.
Either overall global employment in enterprise application software is in a bubble, or SAP or Oracle are just too damn greedy. Perhaps the CXOs feel that to maintain their multimillion pay packages, they need to eliminate even those "greedy" $10-25K (not sure on actual amount, just know it's much lower than the US which motivated the offshoring) salaried Indian employees doing real customer work.
If the oligopolist offshored knowledge workers getting eliminated like this, what does this say for US workers at non-oligopolist vendors? "Shhhhiiiiiiiiiiiiiiiiiid" (c) The Wire's MD State Senator Clay Davis.
I hope open source takes over the enterprise app software business, indy or small business software engineers, project consultants, etc have a chance at decent careers, or even self-employment.
Those that don't actually help the end customer, brutal arrogant oligopolist, parasite CXOs like Larry Ellison or Safra Catz can eat an infinite johns sandwich. I'm sure the Bangalore staff are saying similar things in Hindi right about now.