For me, the wake up call was reading Ashutosh Sheshabalaya’s book, “Rising Elephant”, around 2005/6. He was very clear that big changes were coming for both the US and Europe as India’s offshoring juggernaut builds global momentum.
It’s a well written piece – with the subheadings from page one alone telling a particularly torrid and alarming story (e.g. Quarter-million jobs, Self-worth, No Callbacks, Transaction bubble, Nobu’s Retreat).
According to my Tokyo headhunter contacts, most all the Foreign Banks are in lock down mode for IT hiring. Good people are being let go, sent overseas (Singapore is popular) or outsourced.
Even though Iceland’s economy is in dire straits and the outlook remains uncertain, CCP games is one company that continues to do well.
Jon Mayes is IT Director of CCP Games – the Icelandic Developer & Publisher of EVE Online, a massively multiplayer online roleplaying game.
