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And then India will enforce it's Digital Services Act, as will the European Union, as will other countries with significant services exports. On top of that, t
by alephnerd 1y ago
And then India will enforce it's Digital Services Act, as will the European Union, as will other countries with significant services exports.
On top of that, the foreign subsidiaries of companies are that - subsidiaries. They can be converted or spun out into autonomous or entirely independent organizations that own IP and decisions, thus bypassing the "strategy" you mentioned. This is why the India subsidiaries of most conglomerates like Hyundai, LG, Suzuki, Siemens, and others have been IPOing in the India for the past few years.
Finally, I'm in cybersecurity. Our entire pipeline is in Israel, the CEE, and India because there is no hiring pipeline aside from a smattering of veterans from cybersecurity MOSes.
We wouldn't have outsourced if we had the right talent pipeline in the US, but universities and state and local governments failed us, while other countries abroad worked to attract FDI, ensured industries had a say in designing curriculum, or made sure to provide tax credits.
It's the same reason Hollywood shifted to London and automotive manufacting to Ontario and Mexico.
There's a reason Wiz was founded in Israel and not America.