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*shakes head*. So it's gone from bringing in H1-B's cause there's no skill in the US to shipping unemployeed workers to a foreign country and giving them that country's salary (75% cut from US salary) and more than likely giving them their old job back.
Win, win for the corporation...they get to shed all the US overhead and keep the worker.
I'd like to see if IBM stands up this year to ask for increased H1-B quotas.
Like clockwork, it has begun. People think of the proposition as unthinkable but this is further illustration how globalization is coming to roost in this country. There will come a time where it will become desirable for americans with a bloated over-leveraged college degree to outsource themselves to india, perhaps even fight for visas, to make due in an unforgiving economy where the only people able to leverage themselves above water are retirees and CEOs. The young will be priced out of their own country. Way to go Corporate America, you sold your own country down the river for a buck and Americans bought into the lie hook line and sinker. Guess the service economy, NAFTA, demonizing unions even among your own neighbors and 'working hard' as a moral adjudication of social success wasn't such a hot idea after all......
If there is any upside in all of this, I foresee a resurgence of labor protectionism that is long overdue in this country. Americans are and were never emotionally vested nor prepared to accept the idea of having to expatriate themselves to put food on the table. This idea that labor movements are bad and inefficient is quickly going to become an afterthought in the psyche of Americans when they are faced at the expatriation of their children to subsidize their own excesses and blind acceptance of a system that was never designed to benefit them. This country needs a viable national Labor Party BAD, and the more common things like the above article become, the more feasible it will become to encroach on the Dem-Rep irrelevancy racktet and reclaim this country from the plutocracy that's selling us out for a nickel.
If people want real change in a company, the employees need to stand up to upper management. A company like IBM has alot of workers and unfortunately the amount in the US is dwindling down and being offshored.
American workers need to realize that we have the power to envoke change and don't need a union to do it. What ever happened to strikes, IBM would be severly crippled if even half their workforce in the states would strike to protest against offshoring their jobs to ensure the upper elite in the company get their padded bonuses and dividends. Seems as if people lost the fight for what was right and just go with the flow until it's too late.
Quoting the article-----"An IBM spokesman said the program shouldn't be seen in that light. "It's more of a vehicle for people who want to expand their life experience by working somewhere else," said the spokesman. "A lot of people want to work in India."
"Expand their life experience" my fat Irish ass. Want to work in India?!? Have you ever heard such nonsense in your life? These people will say anything and expect people to lap it up like spineless lickspittles. The contempt they have for the American people is disgusting.
You think anyone with a brain and common sense would take such an offer? Talk about using a stupid tactic just to save corporate face. They must think we are stupid.
They are run by CEO's that get big bonuses and options all based on company profits. The more profits a company makes, the bigger their bonus. Cut your overhead (US employees) and you now have a bigger profit without actually selling more.
Look at any big Corporation and you'll see the same thing. And if profits are bad, well they just leave and take their golden parachutes and go become a CEO somewhere else. There is no losing in their game..they get big bucks no matter which way profits turn out.
From their 4Q report I believe they have 400K employees worldwide and about 120K or so in the US so about 25% give or take of this company is US employeed.
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