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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.
You thought IBM meant 25,000 net jobs?
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
Just a reminder that the name of the company is INTERNATIONAL Business Machines, not American Business Machines. Just because the company is based in the US doesn't mean it will necessarily hire people in the US. IBM gets roughly 65% of their revenue outside the US. One would expect their staffing to reflect that fact.
I am NOT trying to defend IBM's actions. Merely pointing out that they aren't necessarily surprising and without more context it's hard to make an informed judgement about them. I'm all for the home team but that may or may not make sense for that particular company.
Why don't you give me a million gold coins first, and then we'll see what I see in them. Wake up, we're trading good jobs for Uber sleeping in the parking lot jobs. Low unemployment may mean people are desperate and taking whatever they can.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
Unless you are very very sharp - like you can read the paper on MP4 encoding - and implement it from scratch and understand the math and everything on a desert island, you'll have a future.
You are missing the much larger group of people who will continue to have jobs. They are the technical staff with the soft skills necessary to interface with business and the technical skills to make high level design decisions. This is already where most of the real money in the IT industry is made. Whether they are consultants, software architects, Director of IT, etc these workers are the most insulated from shipping jobs overseas. They are also the ones who greatly benefit from the H1B and other immigration programs.
You don't need to be in the wealthy class to have a future, but you do need to work closely with the wealthy class. If you like hiding behind your desk your days are numbered.
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
Yeah. I can't wait to pay American labor rates for everything I buy.
Now instead of hearing us cry about not being able to afford health insurance, you'll hear us cry about not being able to afford anything.
Trump: Let's Make American Products Expensive Again!!
Before massive outsourcing^W globalization, people used to be able to afford houses and families and medical care on a single income.
After siphoning jobs and industries to other countries for 4 decades, how's our economy doing?