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blue97keet Donating Member (390 posts) Send PM | Profile | Ignore Thu Mar-26-09 02:33 PM
Original message
from Alliance@IBM website on layoff at IBM
This is inside info from a poster at Alliance@IBM:
http://www.endicottalliance.org/jobcutstatusandcomments.php

Comment 3/26/09: To Mainstream & IT Press: This is not a story about another 5000 layoffs in the sea of the millions already laid off. That\'s exactly how IBM wants you to report it. In fact, the recession and other layoffs are great cover for IBM. The real story is this is not a typical recessionary laryoff, pruning poor performers or re-balancing skills for client needs. This is a story about a deliberate and
systemmatic business strategy to replace 15-20K American workers each year with lower-cost BRIC workers. So far this year, it is
approaching 10K (5K in Jan; 5K today) with rumors of more to come in June and in the Fall. This is not a story about moving unskilled work to another country. The layoffs have included highly-skilled and experienced professionals - scientists with PhDs, MBAs, seasoned software developers, marketing experts, consultants, project managers and manufacturing workers. This is a story about throwing near-retirement workers into the layoff pool - and using some of the savings (not sent overseas) to hire lower cost & unsuspecting new college grads. Then IBM can say "See, we\'re hiring," and continue the relentless march to reduce investment in American workers. This is a story about the next AIG. Is IBM already too big to fail? Warning signs are everywhere about the IT industry. This is a story about restrictions that should be placed on Stimulus projects. IBM has no intention of hiring Americans or re-hiring those laid off. Stimulus projects should bar the participation of companies offshoring jobs, paying enormous executive salaries, not to mention corporate jets. American tax dollars and borrowed money that our children will have to pay back are funding the Stimulus. This is for the American economy - not other countries' economies. This is a story about national security -- the impact of critical networks, core industry data, government data, medical and bank records, inside info about electrical grid and other utilities -- in the hands of unstable and potentially unfriendly countries. This is a story that the same offshore fate awaits Sun's services contracts if acquired by IBM. This is a story about American corporate cultures that have lost sight of their most important asset -- the American people. IBM is non-union, but this has been a wake-up call to remaining employees. It's the little guy up against a steam roller with deep pockets. Ultimately, it\'s up to you, the press, to raise these issues. -20 years
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Hello_Kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:44 PM
Response to Original message
1. K and R.
:argh:
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AirmensMom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 03:14 PM
Response to Original message
2. I worked for them.
And I recognized years ago that they have a talent for handing you shit and telling you it's candy. No matter what it was, layoffs (transitional opportunity programs), benefits (Good news! Now you get to participate in choices, which means you now get to contribute towards the premiums), moves (we'll take our best talent with us) ... they sell it as good news when they're really just doing another BOHICA (Bend Over, Here It Comes Again). Glad I left them when I did.

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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 05:25 PM
Response to Original message
3. Greedy fucks.
K&R
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blue97keet Donating Member (390 posts) Send PM | Profile | Ignore Thu Mar-26-09 07:12 PM
Response to Original message
4. What would it take to make IBM "the next AIG" - target of public outrage?
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kywildcat Donating Member (529 posts) Send PM | Profile | Ignore Fri Mar-27-09 05:02 AM
Response to Original message
5. I worked for a small company acquired by IBM
less than 20 of us in the US. the remaining jobs the IBM didn't cut (maybe 5 jobs, 5 years after the acquisition) will probably head to India.
IBM isn't the only one doing this-privately held firms are as well. Those are not reported because they aren't publicly traded companies.
Of all of the issues facing us now-this one like no other infuriates me. I'm on a death watch for my job...daily....understanding that it would be simple for greadership to send it to india.
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ChromeFoundry Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-27-09 09:34 PM
Response to Original message
6. Thanks for posting this! n/t
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-27-09 10:49 PM
Response to Original message
7. it's not an "American corporate culture"-- it's a multinational global corporation. n/t
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-28-09 05:37 AM
Response to Reply #7
8. When the news is 'good', they are 'multinational'.
When the news is 'bad', then they become 'American' again. Or, if nothing else, the media can't make up its collective mind as to which one is the correct term.
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