Isn’t it strange that none of the companies that have recently come out of the woodwork to declare that they are staying in or coming to the United States and creating tens of thousands of jobs happened under the Obama administration? This phenomenon could have happened over the last eight years, except that Barack Obama was very anti business. He preferred government to run the economy instead.
This phenomenon happened because Donald Trump let the business community know that he wants them to do well, he wants them to grow the private sector. As Reagan once said, when you get the government off the people’s back ordinary people can do extraordinary things.
Accenture Plc said on Friday it would create 15,000 “highly skilled” new jobs in the United States, as IT services firms brace for a more protectionist U.S. technology visa program under President Donald Trump.
The company, which is domiciled in Dublin, Ireland, said the new jobs would increase the company’s U.S. workforce by 30 percent to more than 65,000 by the end of 2020.
Accenture has more than 394,000 employees, of which about 140,000 are in India.
IT services companies have come under the spotlight after Trump said that his administration would focus on creating more jobs for U.S. workers, who had been affected by the outsourcing of jobs abroad.
Major IT service companies, particularly those based in India, fly engineers to the United States using H-1B visas to service clients, but some opponents argue they are misusing the visa program to replace U.S. jobs.
India’s software services industry is also concerned about a bill introduced in the U.S. Congress seeking to double the salary paid to H-1B visa holders which would dramatically increase the costs for the companies employing them.
Accenture said on Friday it would invest $1.4 billion to train its employees and would open 10 innovation centers in some U.S. cities.
The company’s U.S. business accounted for 46 percent of its total revenue for the year ended Aug. 31.