Having your job get shipped overseas sucks and having it shipped away in a cruddy economy is a double whammy, but tech vendors will put jobs where they can get an acceptable (note, not necessarily the best) work done at the lowest cost. I think there are lots of companies doing offshoring with the wrong premises. This article lists valid reasons why the competition is going to change in the future.
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Microsoft CFO: Cross-platform services key to Microsoft's Windows 8
iPad-compete plans
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Microsoft’s CFO said common consumer and business services running on
Windows 8 and other devices will give Microsoft leverage against its tablet
competitors.

