Weep American Worker, Weep.
Weep your heart out.
Your IT giant IBM has screwed you royally and is now scooping out your entrails.
IBM has been firing American workers in the thousands over the last decade even as it hires tens of thousands of Indian Coolies (low-wage laborers).
This is not Free Trade. This is Free exploitation of American Workers.
Reports in Indian newspapers have it that IBM now has between 100,000 to 130,000 employees in India making it the second largest private sector employer in the country.
Citing an unnamed source, the Times of India said IBM’s headcount in India could exceed that of its parent company in the U.S. in two years. IBM America is currently said to employ 155,000 workers.
We wouldn’t be surprised to learn that IBM already has more employees in India than the parent company has in America.
IBM is secretive about its employee numbers by country and does not disclose them.
Besides its main hub in the South Indian city of Bangalore, IBM has thousands of employees spread over several other cities including Pune, Delhi and Hyderabad.
IBM provides IT and BPO (business process outsourcing) services to U.S. corporations from its Indian centers.
IBM Not the Only Villain
Of course, IBM is hardly the first U.S. company to screw American workers in the relentless march toward cost-cutting and higher profitability.
Virtually, every major U.S. corporation has sacrificed American workers on the altar of lower wages and to appease the demons on Wall Street.
Times of India