Internetworkers: http://www.ibiblio.org/internetworkers/

[Roger Austin <raustin3 AT nc.rr.com>]

 How is this different than normal supply and demand economics? Why
is this news? If the guy was going to slash his current staffs' pay,
we would call him an asshole. He does the same thing (being
proactive) and he is some kind of wizard.
 How many companies have laid off people then hired them back as
contractors with no benefits and at half time? Moral: CEO gets a
raise for improving productivity and loyal (usually older) staff
get screwed. I bet Business Week won't write that story.

Michael Czeiszperger wrote:

> This is an interesting story. making what they'd get in India doesn't 
> seem so bad after being out of work for a while or facing the prospect 
> of making even less money doing something else:
>
> http://www.businessweek.com/smallbiz/content/dec2003/sb2003122_8887.htm
>
> The result? "We got flooded" with resumes, about 90 in total, many from 
> highly qualified programmers having trouble finding work in the down 
> economy, Jon says. His decision: "For $5,000 it was no contest." Jon 
> went American. And the outcome? "I think I got the best of both worlds. 
> I got local people who came in for 10% more (than Indians). And I found 
> really good ones."