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IBM looking to cut 5000 jobs.

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Post March 26th, 2009, 6:49 am

Speaking of outsourcing...

Quote:
The Wall Street Journal reported earlier Wednesday that IBM is looking to cut about 5,000 positions mostly in its global business services unit as it shifts work to India (Techmeme).


http://blogs.zdnet.com/BTL/?p=15267
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Post March 26th, 2009, 6:49 am

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Post March 26th, 2009, 6:54 am

Boy am I glad I put myself into years of financial debt to put myself through school to get one of these jobs that are being shipped overseas.

Oh wait that's right, I didn't. Whew.
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Post March 26th, 2009, 7:52 am

Quote:
Reports of deep job cuts at International Business Machines (IBM) come at a potentially delicate time for the company—just as it is hoping to secure money from the federal stimulus package. The company will lay off as many as 5,000 U.S. workers in its Global Business Services unit, transferring some of the work they performed to India, according to media reports.

http://www.businessweek.com/bwdaily/dnf ... ries_ssi_5

So let me get this straight: IBM is cutting U.S. jobs, moving a lot of their work to India, and yet they want federal stimulus money? Is this a joke?
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Post March 26th, 2009, 8:07 am

No more of a joke than AIG suing the Government for back taxes after being bailed out.
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Post March 26th, 2009, 8:09 am

I'll be interested to see what Daemonguy has to say about this.
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Post March 26th, 2009, 8:24 am

Me too. I was under the impression he's worried about his job after a comment he made awhile ago.
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Post March 27th, 2009, 11:00 am

ATNO/TW wrote:
I'll be interested to see what Daemonguy has to say about this.


Well, so far so good. :)

A few people got tagged in my organization, just not I -- not yet anyway.
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Post March 27th, 2009, 11:04 am

Daemonguy wrote:
Well, so far so good. :)

A few people got tagged in my organization, just not I -- not yet anyway.


Totally glad to see you aren't affected - yet.
Totally disappointed that you didn't have an opinion on what they are doing. Or are you just reserving that?

I take it you aren't going to Wimbledon or Australia this year?
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Post March 27th, 2009, 12:19 pm

I am going, that part is still alive and well.

What we do is so radically different, I would like to think that puts us in a different category. I could be deluding myself, but I prefer to think positively.
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