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Virginia GOP gubernatorial nominee Youngkin invested heavily in outsourcing
By Josh Israel -July 15, 2021 10:30 AM
Glenn Youngkin continues to profit from sending U.S. jobs overseas.
Virginia GOP gubernatorial nominee Glenn Youngkin is running for office on a promise to massively boost jobs in Virginia after serving as co-CEO of the Carlyle Group, a prominent investment firm based in Washington, D.C., that invests heavily in overseas companies that provide outsourcing services.
Youngkin, who joined Carlyle in 1995, has served in a variety of positions at the firm, including chief operating officer and president. From early 2018 to late 2020, he served as co-chief executive officer.
According to research by American Bridge 21st Century, during Youngkin's time at the helm, the firm purchased a controlling share in several business process outsourcing companies, which hire people to perform their client companies' business functions overseas at cheaper rates than the clients would have to pay employees in the United States.
Published with permission of The American Independent Foundation.
https://americanindependent.com/virginia-gop-governor-nominee-glenn-youngkin-democrat-terry-mcauliffe-carlyle-group-outsourcing-jobs/
