IBM Moving Procurement HQ To China

[Omaha Steve]

http://208.185.252.177/laborradio/node/4419

IBM Moving Procurement HQ To China

By Doug Cunningham

IBM is moving its large procurement division to China. It’s now headquartered in a suburb of New York City. IBM says its relocating its global procurement headquarters to China to take advantage of “emerging market opportunities”. This marks the first time IBM has moved one of its largest divisions to China.


AUDIO story here: http://208.185.252.177/laborradio/files/lo/winsheadlines.ram

[Virginia Dare]

1. corporate america cuts and runs....n/t

[JoFerret]

2. Not doing much good for Poughkeepsie these days.

.

[WCGreen]

4. I guess it doesn't play there anymore...

[madrchsod]

3. ibm is going where the money is....china

maybe the workers can get some of those jobs bush says we won`t do....

[SharonAnn]

8. That's where they do all their procuring.

[MadMaddie]

5. The US government should give incentives for companies

keeping their HQ and other functions in the US...

[Thor_MN]

6. How about punishment s for those that don't?

Corporations that offshore and hide income in foreign counties should be ineligible for government contracts,

[OhioChick]

7. As well as workers. n/t

[Brundle_Fly]

9. All of these computer parts are made in china...

Now I guess IBM will get them all assembled in china now too.

all they need is a US sales force.

[w4rma]

10. And don't come back. (nt)

[cornermouse]

11. I wonder what they're going to do when China nationalizes them?

I firmly believe that there will be a point when China says "Why should we settle for a percentage when we can own the whole thing?" Then they'll announce all companies within their borders have been nationalized.

[Craftsman]

12. IBM has not, in my estimation, been an US company for a while now