Mesogen
02-06-2009, 04:58 PM
IBM Offers To Move Laid Off Workers To India
Big Blue wants to help redundant U.S. employees relocate to developing markets, according to an internal document.
By Paul McDougall
InformationWeek
February 2, 2009 12:36 PM
The climate is warm, there's no shortage of exotic food, and the cost of living is rock bottom. That's IBM (NYSE: IBM)'s pitch to the laid-off American workers it's offering to place in India. The catch: Wages in the country are pennies-on-the-dollar compared to U.S. salaries.
Under a program called Project Match, IBM will help workers laid off from domestic sites obtain travel and visa assistance for countries in which Big Blue has openings. Mostly that's developing markets like India, China, and Brazil.
Big Blue wants to help redundant U.S. employees relocate to developing markets, according to an internal document.
By Paul McDougall
InformationWeek
February 2, 2009 12:36 PM
The climate is warm, there's no shortage of exotic food, and the cost of living is rock bottom. That's IBM (NYSE: IBM)'s pitch to the laid-off American workers it's offering to place in India. The catch: Wages in the country are pennies-on-the-dollar compared to U.S. salaries.
Under a program called Project Match, IBM will help workers laid off from domestic sites obtain travel and visa assistance for countries in which Big Blue has openings. Mostly that's developing markets like India, China, and Brazil.