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Microsoft To Move Jobs Offshore

Discussion in 'Forex Daily News & Outlook' started by godoftrading, Jun 8, 2009.

  1. godoftrading

    godoftrading New Member

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    Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move some employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.

    “It makes U.S. jobs more expensive,” Ballmer said in an interview. “We’re better off taking lots of people and moving them out of the U.S. as opposed to keeping them inside the U.S.”

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