IBM to retrain 100,000 worker

[Red Dawn]

And add 10,000 new jobs! Man this is refreshing. We are getting so use to reading about companies outsourcing jobs to Bohpal India and other Third World Nations!

 

[Crimson]

Damnit! See, its George Bush selling out the middle class again!

Oh wait... well, either way, this must be something Ted Kennedy did. Or Dean.. or Clark..

 

[Red Dawn]

Originally posted by: Crimson
Damnit! See, its George Bush selling out the middle class again!

Oh wait... well, either way, this must be something Ted Kennedy did. Or Dean.. or Clark..

OK we get it, you hate the Democrats

 

[Crimson]

No, I just hate you.

 

[AEB]

lol harsh! but regardless of political affiliation we can all agree more technical jobs close to home is better for eveyone. I am glad to see that bush is finnaly correcting the mistakes clinton made in office to hurt our economy in the first place. Of course if a democrat is elected to office after bush, the democrat will get all the credit anyway. Same old story

 

[charrison]

I posted this a couple weeks ago. My guess is it will get ignored for the doom and gloom stuff again.

 

[dmcowen674]

Originally posted by: charrison
I posted this a couple weeks ago. My guess is it will get ignored for the doom and gloom stuff again.

From the article:

The hiring plan made some economists optimistic that it indicates an employment turnaround by U.S. companies. Investors and analysts disagree, saying most of the jobs will be added in low-wage countries such as India and China.

The Communications Workers Association's Alliance for IBM, an organization seeking to unionize IBM workers, has called IBM's hiring plan "a smokescreen" to hide thousands of firings in the past two years.

 

[LunarRay]

This is a really cute plan. First they outsource high paid jobs then they announce they will retrain the balance of their workforce by spending $220m.. They've spend more than that over the same time period to keep their folks up to speed in the changing technology anyhow. They include all education in that, I understand. They have a policy of reimbursement for college and etc. Sounds like a good and well timed PR job to me.
The proof is in the puddin. If they are increasing sales are they increasing US jobs? Or are the increasing and spending in outsourced nations to upgrade them like BofA has done? (I don't know the answer, just proffering a guess)

 

[charrison]

Originally posted by: LunarRay
This is a really cute plan. First they outsource high paid jobs then they announce they will retrain the balance of their workforce by spending $220m.. They've spend more than that over the same time period to keep their folks up to speed in the changing technology anyhow. They include all education in that, I understand. They have a policy of reimbursement for college and etc. Sounds like a good and well timed PR job to me.
The proof is in the puddin. If they are increasing sales are they increasing US jobs? Or are the increasing and spending in outsourced nations to upgrade them like BofA has done? (I don't know the answer, just proffering a guess)

Yup, we found the dark cloud in the silver lining. No good news is possible. Carry on, nothing to see here.

 

[FelixDeCat]

lol

 

[LunarRay]

Originally posted by: charrison

Originally posted by: LunarRay
This is a really cute plan. First they outsource high paid jobs then they announce they will retrain the balance of their workforce by spending $220m.. They've spend more than that over the same time period to keep their folks up to speed in the changing technology anyhow. They include all education in that, I understand. They have a policy of reimbursement for college and etc. Sounds like a good and well timed PR job to me.
The proof is in the puddin. If they are increasing sales are they increasing US jobs? Or are the increasing and spending in outsourced nations to upgrade them like BofA has done? (I don't know the answer, just proffering a guess)

Yup, we found the dark cloud in the silver lining. No good news is possible. Carry on, nothing to see here.

It is always in the details. IBM is part of the outsource crew. They need some good PR so they devise, refine and publish what can only be seen as a self serving pat on their own back.
Now if they had said, "We intend to spend X$ more than our previous training budget to retrain" or if they fessed up and said, "because of the folks remaining in IBM will not meet our future needs because of changing technology and these folks will be trained (as they did) to compete (not given the job) for the new jobs" notice they did say compete. This then opens the door for these folks to have been trained to compete but, they, IBM can still ship the jobs elsewhere. Think of it this way. $200m / 100,000 folks is about a few thousand $ per head. they will save that in a week if the out source. So where are the new jobs the folks are to be trained for to be located?
I used to put together these blurbs... and had the answer to the second and third and forth tier questions.. then the fall back.... we must protect the employees and we are doing the best we can... next question..
edit.. I think I read there will be 10,000 new jobs but, 100,000 trained.. this is like saying we plan to cut 90,000 jobs.. or could mean something else.. not sure.. but, I'll go with a 90,000 trained to work scenario but, not at IBM.

 

[CanOWorms]

Originally posted by: dmcowen674

Originally posted by: charrison
I posted this a couple weeks ago. My guess is it will get ignored for the doom and gloom stuff again.

From the article:

The hiring plan made some economists optimistic that it indicates an employment turnaround by U.S. companies. Investors and analysts disagree, saying most of the jobs will be added in low-wage countries such as India and China.

The Communications Workers Association's Alliance for IBM, an organization seeking to unionize IBM workers, has called IBM's hiring plan "a smokescreen" to hide thousands of firings in the past two years.

It also says that IBM's sales outside of the US is increasing more rapidly than in the US and that only 44% of its sales come from North America now. I guess they should hire some people in foreign countries.

 

[CanOWorms]

Originally posted by: dmcowen674

Originally posted by: charrison
I posted this a couple weeks ago. My guess is it will get ignored for the doom and gloom stuff again.

From the article:

The hiring plan made some economists optimistic that it indicates an employment turnaround by U.S. companies. Investors and analysts disagree, saying most of the jobs will be added in low-wage countries such as India and China.

The Communications Workers Association's Alliance for IBM, an organization seeking to unionize IBM workers, has called IBM's hiring plan "a smokescreen" to hide thousands of firings in the past two years.

It also says that IBM's sales outside of the US is increasing more rapidly than in the US and that only 44% of its sales come from North America now. I guess they should hire some people in foreign countries.

 

[Mavrick]

Originally posted by: CanOWorms

Originally posted by: dmcowen674

Originally posted by: charrison
I posted this a couple weeks ago. My guess is it will get ignored for the doom and gloom stuff again.

From the article:

The hiring plan made some economists optimistic that it indicates an employment turnaround by U.S. companies. Investors and analysts disagree, saying most of the jobs will be added in low-wage countries such as India and China.

The Communications Workers Association's Alliance for IBM, an organization seeking to unionize IBM workers, has called IBM's hiring plan "a smokescreen" to hide thousands of firings in the past two years.

It also says that IBM's sales outside of the US is increasing more rapidly than in the US and that only 44% of its sales come from North America now. I guess they should hire some people in foreign countries.

Bing, you just hit it on the head. If they want to continue expansion in other countries, they have to hire people there too. Honda, Toyota, Sony also did the same thing when they entered America's market

 

[UCSDHappyAsian]

thats very nice.. are we talkin about engineers?

 

[mastertech01]

The way Im understanding it, they are retraining their own employees for future retention rather than lay them off, and to compete for the new 10,000 jobs prior to accepting applications for new outside employees. Many current employees have benefit packages, some based on tenure with the company that wont lose those benefits if they aquire a new position within the company. Thats good news for them, rather than to eventually lose thier jobs because thier current position is axed, and having to earn back those benifits with a new organization if ever.