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IBM cuts jobs as workers reach boiling point

IBM cuts jobs as workers reach boiling point
1/28/2009 05:00 PM EST
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Technotron
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re: IBM cuts jobs as workers reach boiling point
Technotron   2/4/2009 10:29:21 PM
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I bet none of the IBM workers losing their jobs ever went into a Wallmart or Target and refused to buy cheaper products manufactured overseas. I bet none of them decided to not use Skype to cut their phone bills and hurt the phone company's profits/employees. I bet most of them were OK buying imported cars although Detroit workers were coming under employment pressure. What goes around, comes around. White collars are screaming now that globalization is affecting them. Get over it!

watelzbuddy
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re: IBM cuts jobs as workers reach boiling point
watelzbuddy   1/30/2009 2:03:26 PM
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Quality in countries like India and China is increasing over time with experience and training. During all these years of suppression Indians lacked enough resources to learn so they couldn't compete. India got independence in 1947 and was able to bounce back within 50 years. Imagine the kind of talent it's people have. India never conquered any country in the last 10,000 years? Never greedy for anything? Indians are peace lovers but people took advantage of it in the name of trade after 1500AD. Now the same trade is killing all the G8 nations that lutated India for hundereds of years. Jai Hind

watelzbuddy
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re: IBM cuts jobs as workers reach boiling point
watelzbuddy   1/30/2009 1:57:45 PM
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Guys, I am not sure how many of you are well aware of history. In the past more than half of the world was exploited by the so called G8 countries. Once they became filthy rich every one resorted to peace. Is it justified? If you observe the trend world is becoming flat. Rich people are losing money and poor people are gaining some money. It's a fair game and none can stop it. When these things happen then God will come into existence.

paperless
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re: IBM cuts jobs as workers reach boiling point
paperless   1/30/2009 1:01:07 PM
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I also agree a company should be allows to live and die by there own rules as long as what they do is legal. Being an ex-IBMer I was downsized right after 911, 5,000 others and me. I ended up finding a much better company and position for myself. Yes it was painful not having the cash at the time but I'm much better off for this experience. At that time IBM was only 320,000 worldwide with no jobs in India. Today they are 400,000 in sizes with most new hires in India. This is what they need to do to be competitive in this global market. As may of us have stock in this company via mutual funds we should all wish they well so we all can make money together. Let?s not think having a union will fix the problem, it will not. This is a global market if we where to handicap a company so they're not able to compete this would not be good for anyone. With the invention of the internet it connected the world together in a way we never dreamed of. This allows companies to find the lowest price for goods (I do when I'm buying anything for myself) which helps drive down margins (profit). If you go to the local gas station and he's 30 cents more per gal of gas would you not go down the street to the next station to make your purchase? This is what IBM is dealing with in a global market they have to compete with competitors from all the markets. Let?s not worry about jobs being sent off shore, let?s think about creating new companies and jobs in markets that don?t need to be shipped off shore just to compete. Last thought look at the price of PC's today. If there was not low cost labor do you think you could really buy that lap top for less than $10,000 today? We benefit.

benjamintohc
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re: IBM cuts jobs as workers reach boiling point
benjamintohc   1/30/2009 9:49:34 AM
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Pardon me but everybody's right on about somethings. Consumers have the right to choose the cheaper gallon of milk and employers do have the right to lower their costs. Unfortunately it also means that the later will cost some of us our jobs and with it our bread and butter. Being in Asia myself we are also looking at the same situation, many of us are loosing our jobs. Software guys are loosing out to India while the manufacturing guys are loosing out to China and everywhere cheaper. I must say right now firms are looking at cheaper alternatives to 'conventional' manufacturing locations to lower operating cost and keep themselves afloat. Unfortunately I honest doubt if they will pull back to 'conventional' locations when times are better. Why forgo the cheaper alternatives, especially since these alternatives will eventually become the 'conventional' in the long run. Just my 2 cents worth.

patrick.mannion
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re: IBM cuts jobs as workers reach boiling point
patrick.mannion   1/29/2009 9:35:27 PM
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Right, so companies will outsource where they can: if they outsource too much or it's too deadline or quality dependent, they may get burned, and pull that back in-house again.They'll find the balance themselves -- not with legislative interference.

Ratgebber
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re: IBM cuts jobs as workers reach boiling point
Ratgebber   1/29/2009 8:07:51 PM
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Outsourced-lesser-paid assignments end up taking longer to complete and their quality is questionable.

Michael of SI
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re: IBM cuts jobs as workers reach boiling point
Michael of SI   1/29/2009 7:59:45 PM
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We in the US need to learn how to make hiring and locating here more attractive -- lower taxes, lower burdens and, yes, lower per-employee costs. Companies are in business to make money, period. There's no moral outrage if a shopper wants to buy the cheapest gallon of milk possible, so why the outrage if a company seeks the lowest worker cost possible? (personal opinion only, of course)

patrick.mannion
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re: IBM cuts jobs as workers reach boiling point
patrick.mannion   1/28/2009 10:43:11 PM
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Are you serious? Have the government tell IBM where they can and cannot hire? You have to love unions. If there's one they know it's how to kill a company.

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