IBM TO SACK 1,50, 000 US EMPLOYEES
posted in Outsourcing News and Top Outsourcing deals |Source:http://sda-india.com
A huge chunk of 1,50, 000 US IBM employees are going to be sacked as their jobs are coming to people in India and China. IBM has aggressively started to offshore and outsource projects
The company has started to expand its operations in Asian countries with an aim to garner a firm footprint in this burgeoning market segment. In 2006, IBM relocated its global procurement headquarters to Shenzhen, China.
The company’s aggressive outsourcing strategy in emerging markets has enabled it to set up development centres in Beijing, China; and Pune, India.
This move was not stomached well by US employees as the proceedings seemed to be the harbinger of the colossal job cuts.
Unfortunately for these employees, it turns out that it is not only the rumour mills spewing, as the company plans to roll out the laying off of jobs by the end of this month.
On the other hand, IBM India has expanded its operations in the tourist state of Goa as part of its expansion plans to enter 14 new cities in the country. This would enable IBM to cater specially to the requirements of the various SMB clients spread in the state of Goa and neighbouring markets.
“Until recently small-to-medium size businesses have been relatively ignored in smaller cities throughout India. There is an untapped market here to help these businesses gain a competitive edge and catch up to their larger counterparts,” said Ramesh Narasimhan, Director—GSMB, IBM India. “Opening operations in Goa is an example of IBM’s continued commitment to working closely with SMBs throughout India to provide them with products, solutions and value added offerings that will give them the boost to get ahead and succeed.”
