News Focus
News Focus
Followers 123
Posts 30590
Boards Moderated 3
Alias Born 11/22/2006

Re: *~1Best~* post# 8138

Thursday, 03/26/2009 12:41:40 PM

Thursday, March 26, 2009 12:41:40 PM

Post# of 9183
USA jobs and Americans are nuked, e.g. 71% of IBM jobs is in overseas.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36567062


Bushville Massacre cont'd: IBM shifting jobs abroad. Sources say IBM (IBM) plans to lay off around 5,000 U.S. employees and transfer many of the jobs to India. The cuts will target the company's global business-services unit, and are part of IBM's efforts to steadily build up its foreign workforce. Foreign workers accounted for 71% of IBM's employees at the start of the year, up from 65% in 2006.

http://online.wsj.com/article/SB123799610031239341.html














Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today