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IBM Promised Domestic Jobs, But is Firing Thousands of US Workers and Moving Some Jobs Overseas (siliconbeat.com)
As companies fall all over themselves to hype creation of U.S. jobs, IBM is catching flak for promising thousands of new ones while firing folks right and left. From a report: Company CEO Ginni Rometty said in a December USA Today op-ed that her firm would hire 25,000 people for U.S. positions in the next four years, 6,000 of them this year. "She didn't mention that International Business Machines Corp. was also firing workers and sending many of the jobs overseas," reports Bloomberg. Big Blue wrapped up its third round of 2016 firings -- or "resource actions" in IBM HR parlance -- in late November, and job losses for the year likely totaled in the thousands, current and former employees told Bloomberg. Many of the jobs were shipped to Asia and Eastern Europe, and the firings have continued into this year, employees said.
That's not what International means.
"International companies have no foreign direct investments (FDI) and make their product or service only in their home country. In other words, they're exporters and importers. They have no staff, warehouses, or sales offices in foreign countries. The best examples of international companies, in the strict sense, are exotic retail shops that sell imported products, or small local manufacturers that export to neighboring countries." : http://www.cbsnews.com/news/get-your-international-business-terms-right/
Fake news! Fake news! These are clearly economic leftovers from " /s
I mean, I'm not Trump supporter (by any means), but from the original Bloomberg report:
In late November, IBM completed at least its third round of firings in 2016, according to former and current employees. They don't know how many people have lost their jobs but say it's probably in the thousands, with many of the positions shipped to Asia and Eastern Europe.
Or, in other words, TFA has absolutely zero numbers on how many people were actually fired. They instead asked employees to estimate how many of their fellow employees they thought were fired. No facts, no figures, pure 100% speculation from employees who we have no reason to suspect know anything at all about how many people were actually fired. It might be true, but there's precisely zero evidence that it is, and it's being reported like a well-sourced fact. Modern day journalism, everybody.
"None can love freedom heartily, but good men; the rest love not freedom, but license." --John Milton
Ginny stated she would hire 25,000 in the US over the next few years.
Which is roughly the number of people who would normally retire or otherwise leave IBM over the same timeframe. This was more about backfill than adding positions. (I suspect the number hired would still represent an overall loss to the US employment figures).