This is a very interesting interview, Cypress Semiconductor's CEO T.J. Rodgers
talks
about a whole lot of things from Outsourcing to stock options!
Q: John Kerry is denouncing "Benedict Arnold" CEOs who send jobs
overseas. Is it moral for American companies to increase their overseas outsourcing?
A: It is immoral for any CEO not to run his company in the best possible
financial way for his shareholders. I used to hold Kerry's naive view of the
"all American" company, meaning all jobs in America. That was a foolish
mistake on my part, and it cost my shareholders a lot of money, until I moved
our entire assembly and test operation and several hundred jobs offshore in
1992.
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