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mises
Joined: 05 Nov 2007
Location: retired
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 Posted: Fri Feb 06, 2009 8:42 am Post subject: IBM to laid-off: Want a job in India? |
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NEW YORK (CNN) -- IBM employees being laid off in North America now have an alternative to joining the growing ranks of the unemployed - work for the company abroad.
Big Blue is offering its outgoing workers in the United States and Canada a chance to take an IBM job in India, Nigeria, Russia or other countries.
Through a program dubbed Project Match, IBM will help interested workers whose jobs are on the chopping block to "identify potential opportunities in growth markets and facilitate consideration by hiring managers in those markets," according to an internal company document obtained by CNN.
The company also will help with moving costs and provide visa assistance, it says.
Other countries with IBM opportunities include Argentina, Brazil, China, Czech Republic, Hungary, Mexico, Poland, Romania, Slovakia, Slovenia, South Africa, Turkey, and United Arab Emirates, according to the document.
Only "satisfactory performers" who are "willing to work on local terms and conditions" should pursue the jobs, the document says. IBM would not immediately confirm if it means that the workers would be paid local wages and would be subject to local labor laws. |
http://money.cnn.com/2009/02/05/news/companies/ibm_jobs/index.htm
Offshoring people now? |
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Kuros
Joined: 27 Apr 2004
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| Posted: Fri Feb 06, 2009 12:45 pm Post subject: |
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| My guess is they don't get the ex-pat package some are getting in Shanghai, Beijing, etc. |
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Gopher
Joined: 04 Jun 2005
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| Posted: Fri Feb 06, 2009 12:52 pm Post subject: |
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| ...satisfactory performers...willing to work on local terms and conditions... |
Interesting trend. What is the point of American fed, state, and local govts writing and passing labor laws anymore? |
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mises
Joined: 05 Nov 2007
Location: retired
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Kuros
Joined: 27 Apr 2004
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| Posted: Fri Feb 06, 2009 1:11 pm Post subject: |
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| mises wrote: |
Economic nationalism is rising, as has been easily predicted. I am not so sure it is a totally bad thing. |
I thought nationalism was ALWAYS bad? |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Fri Feb 06, 2009 1:19 pm Post subject: |
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Well, the my country right or wrong mentality is one I'm not fond of.
The Economist article above uses 'economic nationalism' to mean a retreat from globalism. I've pissed out all the free trade kool-aid the Serious Economists force us to drink. Free trade would be fine, if we had it. Instead, we have managed-trade for corporations with the label 'free trade'. I don't like this. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Fri Feb 06, 2009 6:38 pm Post subject: |
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Other countries with IBM opportunities include Argentina, Brazil, China, Czech Republic, Hungary, Mexico, Poland, Romania, Slovakia, Slovenia, South Africa, Turkey, and United Arab Emirates, according to the document.
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There's some fun countries on that list I wouldn't mind working in. |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Sat Feb 07, 2009 12:45 pm Post subject: |
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Bernie Sanders, the socialist from Vermont, apparently attached H-1B restrictions into the bank bailout.
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| However, Senators Sanders and Charles Grassley (a well-known H1B opponent) recently introduced an amendment that would require bailed-out banks to hire only Americans for two years. This was accepted by the US Senate a day after it was revealed that Americans lost almost 600,000 jobs in January. However, the amendment has to go for 'reconciliation' (a legislative process) before going to Congress and finally the President before it becomes policy. |
http://www.business-standard.com/india/news/moveh1b-curbs-may-hit-indian-it-firms/00/06/348324/
A little labor market protection would go a long way to helping average Americans (and even more skilled Americans) get ahead in life. I hope this is the start of a trend. Canada needs a serious discussion about immigration policy post-boom. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Sat Feb 07, 2009 1:48 pm Post subject: |
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| A little labor market protection |
The meat packing industry of Western Iowa and Eastern Nebraska used to pay real well. Then it was de-unionized and the wages plummeted. The jobs are now filled with illegal aliens. I get impatient when I read about 'jobs Americans won't do'. The truth is, they are jobs Americans won't do at the pitifully low wages being offered.
Hilda Solis' nomination to be Labor Secretary is being held up on the excuse that her husband didn't pay $6,000 in taxes at some point. The real reason is that she supports that plan to let unions be certified by post card rather than an election. (It's already legal to de-certify unions by post card.)
I agree that we need some labor market protection. I wish there were a better way to achieve it than unions, but I haven't heard of one. |
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