IBM agressive downsizing strategy seems now to have reached India and I expect that if there are mass redundancies, there will be a lot of Indian ITer's looking for work in Europe:
http://www.computerweekly.com/news/2240237667/Millions-of-Indian-IT-staff-could-unionise-putting-low-cost-offshore-model-in-question
Whilst I do agree with most of the article I think it fails to address the fundamental point of off-shoring was to cut-costs, and as wages and costs rise in off-shore locations, their appeal wains accordingly.
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