posted on Jan, 9 2013 @ 08:25 PM
reply to post by ~Lucidity
I have to work with them daily - there's still great people at IBM.
But, you are right and admittedly I let my nostalgia not hunt out the facts:
"In a symbolic shift, IBM's India workforce likely exceeds U.S."
For years, IBM was an exception to this industry practice. It reported its U.S. employment until 2010, when it released its annual report without
a U.S. headcount breakout.
The last time that IBM made a public statement about its U.S. workforce was in congressional testimony in the fall of 2009, when it put its U.S.
workforce at 105,000. It was at 121,000 at the end of 2007, and more in previous years.
At the time that IBM stopped reporting its U.S. headcount, it was beginning to appear that India was on trajectory to surpass its U.S. workforce.
Crossing such a threshold is a symbolic shift more than anything else -- a globalization footnote. With a global workforce of 430,000, less than a
fourth of IBM's employees are in the U.S.
Also, I do know it to be correct they fired loads of people ahead of retirement - I believe that was around 2009 - right in line with not reporting
I'm not backtracking on all statements - IBM is a great American company, and highly doubt they're going to mess with its profitable Services
Division. But that said, with the visas and getting solid talent at bottom tier salaries, it's a shame what has transpired.
Who's to blame? I say us, Americans. We all wanted our flat screen TVs, our lines of credit, our new car every 2 years, and a house we couldn't
afford. We priced ourselves out of the market for selfishness and greed.
Truth is, not everyone can be rich. Even if Visa, MasterCard, BoA, Ford and likes tell you so (not you).
edit on 9-1-2013 by Jason88 because: (no reason given)