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http://money.cnn.com/2005/06/24/news/fortune500/ibm_india/index.htm?cnn=yes

" IBM is planning to hire more than 14,000 new workers in India this year, even as the company proceeds with layoffs of up to 13,000 workers in Europe and the United States"

"People who say this is simply labor arbitrage don't get it. It's mostly about skills," Moffat was quoted as saying

"The buildup in IBM's labor force in India, Moffat told the Times, was attributable to surging demand for technology services in a thriving Indian economy.."

Surely he means the surging demand for outsourced USA work?
Posted by: Nigel Johnstone   Posted on: 06/27/05 You are currently: a Guest | Members login | Terms of Use

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In other news  Nigel Johnstone | 06/27/05
Skills? Uh-huh. The real issue is their balance sheet.  HypnoToad | 06/27/05
agree with you totally  zzz1234567890 | 06/27/05
Sorry folks ...  Judas I. | 06/27/05
Why you class warfare specialist  osreinstall | 06/27/05
50% vision? Naw, it's just that ...  Judas I. | 06/28/05
Using the wrong tool  osreinstall | 06/28/05
True, although I think something like that ...  Judas I. | 06/28/05
Don't get too cruel  osreinstall | 06/28/05
RE: "H-1Bs behind women's decline in IT "  ajapierce | 06/27/05
Solution  zzz1234567890 | 06/27/05
RE: Solution  bmonster | 06/28/05
what you are asking for is a freebie  zzz1234567890 | 06/28/05
What Companies Are Asking For Is Free Workers  Vicissidude | 06/28/05
No Education needed to flip Burgers  odd1 | 11/20/05
Why are tech jobs shrinking?  HypnoToad | 06/27/05
It doesn't take much of a brain to figure out  James Dean_z | 06/27/05
What ITAA says is that you...  jmills@... | 06/27/05
lazy bunch  zzz1234567890 | 06/27/05
BS  Vicissidude | 06/27/05
evidence is all around you  zzz1234567890 | 06/28/05
Americans work SMART  odd1 | 11/20/05
They don't go home - get green cards...  redstone | 06/27/05
Depends on what's back home...  itmarketer | 06/30/05
And once they aquire Green card  odd1 | 11/20/05
H-1B working environment  nolimits | 07/04/05

What do you think?

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