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Article: Outsourcing is Good for Business, Silicon Valley Executives Tell Santa Clara University Business Index; Business Survey Shows Leaders Believe Prospects for Job Growth Are Long Term.
- Article from:
- Business Wire
- Article date:
- April 5, 2004
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News Editors/Business Editors
SANTA CLARA, Calif.--(BUSINESS WIRE)--April 5, 2004
"Outsourcing" -- the hiring of other companies to handle key manufacturing and customer service functions -- is a hot topic in Silicon Valley in 2004, and most executives here believe that in the short term at least, it's good for business.
Business executives and managers polled in late March by the latest Santa Clara University Business Index also recognized that what's good for business may not be good for creating jobs. Job growth continues to lag behind expectations of a few months ago, perhaps because companies are turning to other companies instead of hiring ...