Tuesday, September 9, 2014

Home Depots Outsourcing Debacle....Hope you are not mad.

Home Depot is investigating what could be the biggest data breach EVER. Bigger then the Target debacle from last year.
Possibly 60 million customers affected. If you bought anything on a credit or debit card in the last year congrats….You personal information could be at risk.
To understand why this happens just read the article from 2011. Tells you everything you need to know.
Save money by outsourcing overseas because it always ends great. Americans lose jobs…..Fantastic! Consumers have all their personal information put at jeopardy. Yay!!!!
But hey….That is a small price to pay for Home Depot to save money. Hope that fertilizer was worth it.
Anytime there is a National debacle just follow the outsourcing.
Now, U.S. firms are quietly moving high-paying accounting, finance and human resource jobs offshore.
American companies have slashed 2.9 million jobs in the United States. At the same time, they have created 2.4 million jobs for people overseas.
Home Depot has laid off thousands of workers, including hundreds at its worldwide corporate headquarters in Vinings in Cobb County. At the same time, it's hiring hundreds of workers thousands of miles away.
Federal Labor Department records show Home Depot has moved jobs from Vinings to India.
Companies usually keep outsourcing details a secret, but two Home Depot executives taped a testimonial posted online for the outsourcing company in India now is handling some of their accounting functions.
On the testimonial, one executive said, "Really what I was looking for was the same thing at less cost."
Another executive appeared to claim that workers offshore are more competent, saying, "They manage our processes much better. They do the processes better than we would have ever done them here."
Home Depot declined a Channel 2 Action News request for an interview.
"I think Georgians who go to Home Depot to purchase materials would be offended to know that Home Depot is sending jobs to India and laying off people in Vinings," said State Sen. Nan Orock.
Not only are jobs going overseas, so is personal financial information. Atlanta-based Equifax is routing calls and credit files to an overseas contractor in places like Jamaica, Costa Rica

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