Jobsolence

What is Jobsolence?

1.

A phenomenon caused by the unexpected shutting down of a company/industry in one economy resulting in a disappearance of jobs en masse in another economy; thus, making an entire group of people obsolete overnight... creating a reverse Slumdog Millionaire.

When a leading insurance company filed for bankruptcy in the US, it also created jobsolence for several hundred outsourced call-center workers in India.

See jobs, employment, india, usa, outsourcing
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