Tuesday, August 14, 2012

Labor slams IBM for job cuts while seeking stimulus - San Francisco Business Times:

ysynut.wordpress.com
Reports from the Wall Street Journao and other media cite unnamed sources in reportint the size ofthe cutbacks, whicj are expected to begin today. Lee national coordinator of Alliance@IBM which is seekiny union representationat IBM, told "It's all about greed. They're moving work offshor e to pay lower wages andlower taxes. IBM shouldn'ty have their hands on stimulus monehif they're offshoring work." IBM CEO Sam Palmisanop was among a group of tech executiveas that met with Pres. Barack Obams earlier this year looking for some ofthe $8 billionb the U.S. plans to spend on high-speed rail and a sharse of the $20 billion to be spend on digitaohealth records.
The percentage of IBM workers inthe U.S. has dropper from 36 percent in 2006 to 29percenrt now. It's U.S. work force in 2008 fell to 115,009 from 121,000. The company employs about 90,000 in India and 5,000 in

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