Back to the Future: DOW Corporations and other large corporations move their Back offices to LATAM

College grads today may need to board a flight to Latin America to find their next job. And this time it is not because corporations are looking for cheap, low-skilled labor. U.S.-educated LATAM professionals, including lawyers, finance specialists, and HR directors, are filling back-office roles that used to sit in American cities. This has been quietly accelerating since the early 2000s. This week, a VP of Global Services Finance at a major Dow company, Johnson and Johnson departed to 'pursue external opportunities' — the same week senior procurement postings went live in Bogotá. This is the pattern. Sad part is, the current administration has halted immigration while U.S. corporations export the jobs immigrants were supposedly taking. If this feels like it should be bigger news, consider who funds the news. History does tell us all of this may backfire because I left Brooklyn when the Colombian Drug Cartel ran roughshod through parts of Brooklyn.