Verizon

Good business to be in.

It used to have a very stable environment, with dedicated employees. It still has excellent benefits and a flexible work environment.

Just had its first huge (huge!) layoffs.

Planning on sending a lot of work to India and making all teams here work with offshore contractors.

I expect the work environment and the morale to drop, as well as the quality of their systems.

Learn from history -- outsourcing halfway around the world hasn't worked out too well in the past.

Even with modern tools to make collaborating easier, you get better results from having your developers all on the same continent.