It is not a rumor anymore. IBM is indeed going to cut 5,000 jobs in USA. It is not a shocking news because at the time of economic recession, it makes a lot of sense to cut back on costs and one of the best ways to cut on costs is to outsource jobs to developing countries like
You can blame the recession but I would like to state that the company had this kind of policy even before economic recession. In fact, in 2006 and 2007, there was a lot of discussion about IBM’s increasing presence outside of
IBM mass lay-off rumoured
Report says 150,000 jobs at risk in move to Asia.
So, if you read these reports then you will realize that IBM has been planning to move more jobs to
There is no doubt that this news will trigger a lot of criticism in
IBM Cuts Jobs as It Seeks Stimulus Money (Business Week)
IBM and the Rebirth of Outsourcing (Time)
From the titles, it is clear that the company will receive a lot of negative publicity in the
It can be assumed that Indian media will welcome this decision. Indian companies and job seekers will perhaps take this news like a divine intervention. The big companies related to the outsourcing sector are suffering from the economic recession. So, any news is good news for them at this moment. Indian job seekers will also be happy and pray that more
(This entry was originally published in March 2009 and it is in the context of that time. For technical problem it got deleted and I am again putting it now.)