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Max H-1B Visas Taken By Wipro, Microsoft, Infosys
,----[ Quote ]
| The U.S. economy is still reeling under the
| impact of recession and even though
| unemployment continues to rise, employers
| have stepped up the hiring of skilled workers
| from abroad, according to data from the U.S.
| Citizenship and Immigration Services. The
| acceleration in recent weeks has put
| companies close to exhausting the 65,000
| visas allotted each year for foreign hires
| under whatâs known as the H-1B program,
| reports Business Week.
|
| [...]
|
| Non U.S. outsourcers still claimed six of the
| top 10 places in fiscal 2009, although the
| numbers were off for the largest operators.
| Indiaâs Infosys Technologies topped the list
| in fiscal 2008, with 4,559 visas, but last
| year got only 440. Wipro was the largest visa
| recipient in 2009, with 1,964, down from
| 2,678 in 2008. Sridhar Ramasubbu, Wiproâs
| Chief Financial Officer for International
| Operations, says that the drop is the result
| of lower demand caused by the recession and
| changes in the companyâs workforce. âWeâre
| now operating in 58 countries,â he says.
`----
http://www.indiajournal.com/pages/event.php?id=9379
Convergys and Microsoft set up community technology centre in Bangalore
,----[ Quote ]
| Vikas Goswami, Community Affairs Manager,
| Microsoft India, said, "Under our global
| Unlimited Potential initiative, we are
| committed to reaching the benefits of
| technology to those currently underserved by
| it. This alliance with Convergys is another
| step in that direction, and one that we hope
| will have a positive impact on scores of
| lives."
`----
http://economictimes.indiatimes.com/infotech/software/Convergys-and-Microsoft-set-up-community-technology-centre-in-Bangalore/articleshow/5339578.cms
CSI Signs Agreement With Microsoft
http://www.marketwire.com/press-release/Computer-Software-Innovations-Inc-NASDAQ-MSFT-1090989.html
Microsoft hires Meetul Patel to give fillip to consulting biz
http://economictimes.indiatimes.com/infotech/software/Microsoft-hires-Meetul-Patel-to-give-fillip-to-consulting-biz-------------------/articleshow/5360919.cms
Recent:
Microsoft India boss: More overseas work rotations coming
,----[ Quote ]
| The head of Microsoft's India business
| group, Ravi Venkatesan, told the Wall
| Street Journal that companies will be
| rotating talent to fast-growing countries
| and having more Indian workers spend time
| abroad to develop experience.
`----
http://seattletimes.nwsource.com/html/technologybrierdudleysblog/2010448594_microsoft_india_boss_more_over.html
3,088 Taxpayers Paid the B&O Royalty Tax in 2009
,----[ Quote ]
| According to the Department of Revenue,
| 3,088 taxpayers (or SUCKERS! as
| Microsoft's CEO Steve Ballmer might call
| them) paid B&O Royalty Tax in 2009.
|
| Below is the history of B&O Royalty taxes
| paid in Washington since 1999 (source: Wa.
| Dept. of Revenue via e-mail). Note: I
| calculated the taxes paid column at .00484
| of taxable revenue.
|
| While $6.3 million in royalty taxes were
| paid in '09, if Microsoft had been paying
| the tax on its $18.7 billion in licensing
| revenue - the state should have recorded
| more than $87.6 million in tax receipts.
|
| This may explain why Ballmer has so far
| refused to respond to our call to open up
| Microsoft's Washington and Nevada tax
| records.
`----
http://microsofttaxdodge.com/2009/12/3088-taxpayers-paid-the-bo-royalty-tax-in-2009.html
Microsoft and licensing taxes, on KUOW
,----[ Quote ]
| Appearing on KUOW's "The Conversation" on
| Monday was Jeff Reifman, a former Microsoft
| employee who has been writing about
| Microsoft's software-licensing practices and
| whether they are illegal.
|
| He asserts that Microsoft sidesteps Washington
| tax law by licensing its software out of an
| office in Reno, Nev. Nevada has no software-
| licensing tax; Washington does.
`----
http://blog.seattlepi.com/microsoft/archives/186105.asp
Reno's Microsoft outpost has grown from 40 to 250 employees
,----[ Quote ]
| âThis is an attempt for people to know
| more about us,â said Mary Ellen Smith,
| general manager of the Reno operation
| which employs 250 people.
`----
http://www.rgj.com/article/20091204/BIZ/91204039/1003/CARSON/Reno-s-Microsoft-outpost-has-grown-from-40-to-250-employees
Related:
Now Obama is driving Microsoft overseas
,----[ Quote ]
| It takes an incredibly powerful company to threaten the U.S. government in
| hopes of impacting a significant decision, but thatâs precisely what
| Microsoft is doing. Microsoft CEO Steve Ballmer made headlines when he
| publicly attacked President Barack Obamaâs plan to cut tax breaks on U.S.
| companiesâ foreign profits, a plan which is currently awaiting Congressional
| approval. Mr. Ballmer suggests that if the tax succeeds, Microsoft may begin
| a significant move out of the U.S., taking with it tax revenue and jobs. He
| states, âIt makes U.S. jobs more expensive. Weâre better off taking lots of
| people and moving them out of the U.S. as opposed to keeping them inside the
| U.S.â
|
| [...]
|
| Mr. Ballmer, perhaps the most outspoken critic, did acknowledge that the
| Obama proposal preserved research and experimentation cost tax breaks. He
| warned, though, that the cuts to foreign exemptions would raise the cost of
| Microsoftâs 56,552 U.S. employees. He says this could necessitate moving them
| overseas. Microsoft was previously embroiled in a controversy over whether it
| should lay off foreign workers before U.S. ones.
`----
http://www.stoptheaclu.com/2009/06/07/now-obama-is-driving-microsoft-overseas/
Ballmer Says Tax Would Move Microsoft Jobs Offshore
,----[ Quote ]
| Microsoft Corp. Chief Executive Officer Steven Ballmer said the worldâs
| largest software company would move some employees offshore if Congress
| enacts President Barack Obamaâs plans to impose higher taxes on U.S.
| companiesâ foreign profits.
`----
http://www.bloomberg.com/apps/news?pid=20601087&sid=amBiYGyHOkZ8
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