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IBM Promises To Hire 25,000 Americans As Tech Executives Set To Meet Trump (reuters.com)
IBM Chief Executive Ginni Rometty has pledged to "hire about 25,000 professionals in the next four years in the United States" as she and other technology executives prepared to meet with President-elect Donald Trump on Wednesday. Reuters reports: IBM had nearly 378,000 employees at the end of 2015, according to the company's annual report. While the firm does not break out staff numbers by country, a review of government filings suggests IBM's U.S. workforce declined in each of the five years through 2015. When asked why IBM planned to increase its U.S. workforce after those job cuts, company spokesman Ian Colley said in an email that Rometty had laid out the reasons in her USA Today piece. Her article did not acknowledge that IBM had cut its U.S. workforce, although it called on Congress to quickly update the Perkins Career and Technical Education Act that governs federal support for vocational education. "We are hiring because the nature of work is evolving," she said. "As industries from manufacturing to agriculture are reshaped by data science and cloud computing, jobs are being created that demand new skills -- which in turn requires new approaches to education, training and recruiting." She said IBM intended to invest $1 billion in the training and development of U.S. employees over the next four years. Pratt declined to say if that represented an increase over spending in the prior four years.
I suppose they'd have to let go of 50K already here first as well.
...but I am unprofessional, so I guess I ain't getting a job at IBM.
They'll buy 50 companies with an average of 1000 US workers each, then lay half of them off.
The leopard doesn't change it's spots.
IBM's principle strategy for the past decade has been moving work to lower cost countries (layoffs), stock buybacks, and acquiring other companies; these lower costs, increase earnings per share, and starve R&D of funding.
Heard it before - they tout how many new hires they've brought in over the years. What they don't say is they do it through letting older, higher-salaried employees go. If you lay off one engineer that's been with the company 20+ years and making $120k, it's easy to hire one or two new college grads making $50k. I'd estimate the 25k new hires will be at the expense of 10k-12k experienced engineers.
I was lucky - I left IBM five years ago and six months before my entire team was moved offshore. A part of me still has fond memories of IBM, but it's heartbreaking to hear all the stories of really good, experienced engineers that have received top ratings year after year suddenly get a low rating with no explanation and let go two months later. It's happened quite a bit, and it's sad.
There used to be a movement to get a union going at IBM (Alliance@IBM), and on its website you could read a number of stories off the layoffs for younger or offshore replacements, but IBM eventually got to them and they folded.
Will Trump have time to meet with every one of them? That's a lot of executives!
Your comment seems half in jest, but then again so must IBM's statement be. Saying they will hire 25k professionals over 4 years is meaningless. They didn't say they will have a 25k net greater number of US professionals, just that they will hire 25k people over 4 years. With 84k US employees today (roughly), it would only take a 7.5% yearly turnover for them to hit that target with no net job increases at all. The only extra bit of information is that they intend their US workforce to be greater in 2020 than it is today, which would be true even if they only gain a few dozen jobs.
This type of PR drivel is only possible in a country with math education so poor there is a market for tip calculators.
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
It's even more interesting that Obama saved millions of jobs during his time in office and Trump could only save 700 out of 3000 jobs that went to Mexico.
When is all that talk about fake news supposed to go into effect? Hiring '25K people in the USA' is in no way equivalent to hiring '25K Americans' and in no way excludes hiring H1-Bs nor excludes contracting to a contracting firm and claiming you've hired everybody at the firm (that's often a selling point: Our firm has 9K years worth of graduate experience behind it). It also makes no mention on the amount of people you're going to fire (but at least the summary does make a note of that). Hire 25K, fire 30K, retire 7K?
Since the knowingly immoral interpenetration of the quotes was directly used to create the blatantly false headline, does that categorize this story as fake news? And people wonder why the trust in journalism has been near completely eroded.
The actual quote:
Ginni Rometty did not indicate that IBM would hire Americans. They would hire " 25,000 professionals in the next four years in the United States" - and Ginni did not specify "additional." For all we know they could be laying off 25K Americans and be bringing in 25K H1-B and L-1 workers to replace them.
Next paragraph:
See? It is nothing but DoublePlusGood DoubleSpeak.
The Christian Right is Neither (Christian nor right). See: Matthew 23, Matthew 25, Ezekiel 16:48-50
I was stealth laid off by IBM (merger, contract release) along with a couple hundred of my friends in August. Your axe is bloodier than most, IBM.
Most EC votes are bound, EG: They must vote the way they are told.
That said, those that voted for President Elect Trump knew exactly what they were voting for - and that's what they want. While I question the wisdom of their vote, I don't question they were simply uninformed of the consequences. My only worry is that Mr. Trump will turn out exactly as bad, or worse, than I expect. Just as Mr. Trump is president of the whole country, so am I bound to the consequences of the votes of those I vehemently disagree with. My only little ray of hope is that I'm mistaken, and those I disagree with were right.
But I don't think that's going to be the case.
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.
Just because Trump is a venal populist, doesn't make him Hitler. Hitler pulled a lot of crazy shit even before he took over: an attempted coup of Bavaria and a rigged trial for treason that ended in a handslap, years of riots and street violence that often killed people, being an unwitting but effective party in the overthrow of the Free State of Prussia, and of course, being in the massively dysfunctional state of the Wiemar Republic.
Most EC votes are bound, EG: They must vote the way they are told.
Depends, in some states, if you read the laws, they can be punished after, but the vote remains valid.
More importantly, in 21 states there are no laws, and that is more than enough to swing this election.
That said, those that voted for President Elect Trump knew exactly what they were voting for - and that's what they want. While I question the wisdom of their vote, I don't question they were simply uninformed of the consequences.
I do question their information. Lots of folks didn't realize a thing about Trump, and only gave a superficial examination. Even worse, I've seen people claim that they didn't care what happened, they just hoped he broke the system.
Just as Mr. Trump is president of the whole country, so am I bound to the consequences of the votes of those I vehemently disagree with.
Nope. You are bound to the limits of your conscience. My state makes that express in its constitution, and thereby ascribes the role of ultimate arbiter to the people in their individual persons, but it is true in those others that don't say it.
Actually IBM used to be one of the nice companies, and they are still milking that reputation as hard as they can. However, being nice almost broke the company and they have come around to the evil side these years.
Being an evil company doesn't guarantee profits, but being a nice company guarantees failure. I think the best examples are NetScape, Palm, Sun, and Nokia. I'm still trying to decide whether Toshiba and Motorola deserve to make that list. Not sure if Toshiba is toast yet, and not sure if Motorola ever deserved to be called nice.
Freedom = (Meaningful - Coerced) Choice != (Speech | Beer^2), and sad sock puppets' bad mods avail them naught.
First Carrier and now IBM are treating Trump like a prostitute treats a john. Appeal to his ego while giving him absolutely nothing, just so Trump can tell his followers that he knocked off a piece and she was begging for it.
There is no prostitution going on here, only theater. (While the historical connection between prostitution and theater is well-documented, it is not highly relevant here.) Trump doesn't need actual victories, he only needs apparent victories.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
It's even more interesting that Obama saved millions of jobs during his time in office
Obama didn't save any jobs. Jobs have been replaced with lower-paying jobs.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
What this likely means...
Is that when the churn occurs, they will hire Americans instead of H1B visas. But there is a reason for this. Many government agencies are applying pressure on contractor firms to no longer use H1B visa holders. And that the awards of future contracts may in part be based on those who have the higher percentage of U.S. citizens and permanent residents.
So essentially, they could be saying "We have 25,000 government contracting positions for which we are being told that employing H1B visa holders can jeopardize the awarding of contracts. So for these contracts, when an employee leaves, we will replace them with U.S. workers."
The one when they had a pension fund for their employees, and would go out of their way to give them world class care. That probably ended after the 80s, when they started hemorrhaging cash
This is why Trump got elected, because ordinary Americans are tired of being called racist misogynists for no reason by idiotic SJWs. You think calling us racist more is going to help? Enjoy your new president, we picked him just for you :)
This is also the reason why slashdot is among the few places on the internet where people never learned that Trump had a real chance of winning, why he was winning, and especially why he should win. The modding system allows for a walled garden of ideas type of experience here.