welcome

This website uses cookies to ensure you get the best experience on our website.
Please scroll to the bottom of page to read the notice if you are coming from the European Union...

Wednesday, March 02, 2016

IBM (Inadequate But Marketable)

IBM brought in 6,190 high skilled immigrant workers last year and paid $82,630 on average.
Last week, IBM reported to investors that its workforce at the end of 2015 was almost as big as its workforce at the end of 2014 (within less than 1 percent), in spite of a year in which 70,000 employees left the company, to be replaced with new hires and acquisitions.

 Today reports are coming in that massive layoffs across the United States are underway, likely one-third of the U.S. workforce, according to one soon-to-be-laid-off-IBMer.

 In addition, a recent change in IBM's severance policy may leave workers with less cash than anticipated. IBM maintains that things are just business as usual, but this appears to be the day IBM Watchers have long warned about.

They were in the sights of the justice Department in 2013 over this crap. 

I guess it made little difference.

Not surprising, American workers are POed.

Talk is cheap...

No comments:

Post a Comment