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OhioChick

(23,218 posts)
Tue Oct 8, 2013, 02:15 PM Oct 2013

IBM now employs more workers in India than US

October 5, 2013 | 8:04pm

The sun is rising in India for America’s outsourced jobs.

But it’s a bad sign for New York’s dwindling middle-class workforce, say labor analysts.

New York’s labor markets are in convulsions as American employers ship more well-paid jobs to lower-cost countries like Mexico, the Philippines, China and India — where IBM, culling 747 jobs from the Empire State, has achieved landmark status. It now employs more workers in India than in the US, according to a leaked IBM document reviewed by The Post. The average IBM pay in India is $17,000, compared with $100,000 for a senior IT specialist in the US.

Big Blue’s eradication of these New York jobs in the Hudson Valley — part of a brutal package of 3,300 IBM cuts in North America — is the latest sign by US employers of growing their bottom line by replacing higher-cost labor with cheaper workers abroad, labor analysts say.

Those fears were raised again this week. Pharmaceutical giant Merck of Whitehouse Station, NJ, announced it would cut its worldwide 81,000 head count by 20 percent, with 16,000 jobs already earmarked.

More: http://nypost.com/2013/10/05/ibm-now-employs-more-workers-in-india-than-us/

That's fucked up.

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IBM now employs more workers in India than US (Original Post) OhioChick Oct 2013 OP
Yes, it is. nt antigop Oct 2013 #1
Funny how it's rarely Directors & VPs that get the outsourced. CrispyQ Oct 2013 #2
Excellent observation. jsr Oct 2013 #3
If they could pull it off, and not lose gov't contracts ChromeFoundry Oct 2013 #4
Tax these offshorers. blkmusclmachine Oct 2013 #5

CrispyQ

(36,469 posts)
2. Funny how it's rarely Directors & VPs that get the outsourced.
Tue Oct 8, 2013, 02:33 PM
Oct 2013

The company my husband works for outsourced an entire department & half of another, except for the Director, who they managed to find another Director position for.

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