With each of the successive layoffs and firings, the work goes to Brazil, Argentina, mexico or India. Its not the IBM it was 10 years ago when loyalty to the workforce was more imoportant than executive bonuses. The company has been overtaken by greedy people who care about nothing other than themselves.
You jerks don't get it!
Those who control the money, take the money!
You sniveling little ingrate! While you and your families worry about day to day existence, putting food on the table, a roof over your heads. I have to worry about the life style of my family, my families’ families and many more generations to come! I have more houses than you have cars! I seldom put my hands in my pockets. The company owes me! Long after I am gone from this company, I will be taking from the bottom line! You small minded people do you realise money does not grow on trees. We must take from your pathetic existence. The food from your tables, the roofs over your heads!
How can I do this you ask?
I am EXECUTIVE!
Is this true???
'Newly-released d0cuments exp0se m0re expl1c1tly the deta1ls 0f 1BM's p1v0tal r0le 1n the H0l0caust -- all s1x phases: 1dent1f1cat10n, expuls10n fr0m s0c1ety, c0nf1scat10n, ghett01zat10n, dep0rtat10n, and even exterm1nat10n. M0re0ver, the d0cuments p0rtray w1th crystal clar1ty the pers0nal 1nv0lvement and m1cr0-management 0f 1BM pres1dent Th0mas J. Wats0n 1n the c0mpany's c0-plann1ng and c0-0rgan1z1ng 0f H1tler's campa1gn t0 destr0y the J_ ews.
1BM's twelve-year all1ance w1th the Th1rd R_e1ch was f1rst revealed 1n my b00k 1BM and the H0l0caust, publ1shed s1multane0usly 1n 40 c0untr1es 1n February 2001. 1t was based 0n s0me 20,000 d0cuments drawn fr0m arch1ves 1n seven c0untr1es. 1BM never den1ed any 0f the 1nf0rmat10n 1n the b00k; and desp1te th0usands 0f med1a and c0mmunal requests, as well as publ1shed art1cles, the c0mpany has rema1ned s1lent.
The new "expanded ed1t10n" c0nta1ns 32 pages 0f never-bef0re-publ1shed 1nternal 1BM c0rresp0ndence, State Department and Just1ce Department mem0s, and c0ncentrat10n camp d0cuments that graph1cally chr0n1cle 1BM's act10ns and what they knew dur1ng the 12-year H1tler reg1me. 0n the ann1versary 0f the release 0f the 0r1g1nal b00k, the new ed1t10n was released 0n February 26, 2012 at a spec1al l1ve gl0bal stream1ng event at Y_esh1va Un1vers1ty's Furst Hall, sp0ns0red by the Amer1can Ass0c1at10n 0f J _ew1sh Lawyers and Jur1sts t0gether w1th a c0al1t10n 0f 0ther gr0ups.
Am0ng the newly-released d0cuments and arch1val mater1als are secret 1941 c0rresp0ndence sett1ng up the Dutch subs1d1ary 0f 1BM t0 w0rk 1n tandem w1th the Naz1s, c0mpany Pres1dent Th0mas Wats0n's pers0nal appr0val f0r the 1939 release 0f spec1al 1BM alphabet1z1ng mach1nes t0 help 0rgan1ze the rape 0f P0land and the dep0rtat10n 0f P0l1sh J _ews, as well as the 1BM C0ncentrat10n Camp C0des 1nclud1ng 1BM's c0de f0r death by Gas Chamber. Am0ng the newly publ1shed ph0t0s 0f the punch cards 1s the 0ne devel0ped f0r the stat1st1c1an wh0 rep0rted d1rectly t0 H1m_mler and E1ch_mann.
The s1gn1f1cance 0f the 1ncr1m1nat1ng d0cuments requ1res c0ntext.'
AND ... you did not mention that IBM is the only US company
doing this .....
what a maroon ...
it's all about business .. if the US corps were not playing
ball , then we wouldn't have millions of jobs in the
US thanks to foreign companies who have built mfg plants
here .. and have sales offices in the US ..
FREE TRADE BABY ....
your local college probably has some business courses
that you can take learn what 's going on .. instead of
crying in your cups ...
Ok - let's be honest here. IBM is hiring workers "offshore" for 2 specific reasons.
1 - Most of IBM's business growth is coming from those offshore locations. In these developing markets, it makes sense to hire talent that is local and has a better understanding of local culture and customs. It also helps IBM charge competitive rates for the business they do in foreign countries - something they could not do with higher priced US talent.
2 - Their US clients are asking for cheaper IT labor. US IT Labor is 3-to-8 times more expensive than offshore labor. (Same reason why Apple builds the iPad overseas.) What this really means is that these US clients are drinking the kool-aid that IBM is giving them. But it is about the almighty dollar - something US clients are hoarding these days - or at least only giving out to their top management. The problem with this strategy is that these clients tend to get exactly what they pay for - low-quality help. This trend will turn around when the economy picks up and corporations decide to start spending their money to get higher quality talent - and higher quality results, faster.
Another fact - the latest IBM layoff represents less than 2% of their US workforce. Yes, over the past 14 years, 30,000 US employees have either been laid off, retired or left on their own. But that's an average of 3000 jobs per year. IBM employs an estimated 95,000 US employees which still classifies them as a major US employer.
Still as someone with a "vested interest", I hate the layoffs.
Hard to hate the layoffs and love the profits. As for lower payroll costs always meaning lower quality, that depends on IBM ability to locate, train and manage talent, be it in India or Indiana. I have confidence in IBM to do just that. There is a awful lot of talented, well-trained and motivated folks in India, China, etc. If you lament that they not American you do not have an investor problem, you have a xenophobic problem