.contact us |.about us
News > Business News ...
Search:
    Advertisement
IBM exports high pay jobs to India, China: report
( 2003-12-16 09:35) (Agencies)

Computer giant IBM plans to move up to about 4,700 highly paid programmers to India, China and other countries to replace US workers, it was reported.

Great gifts under $100 for your gadget lover, plus high-dollar tech toys and the best computer games.

International Business Machines Corp. had not announced the plan, named "Global Sourcing," details of which were contained in company documents, the Wall Street Journal said.

IBM issued a statement saying it planned to boost hiring in the United States next year.

But the group did not confirm or deny the story.

"While we do not comment on internal presentations or projections, the vast majority of the growth in application services that will occur in markets like India, China and Latin America will result from winning new contracts," IBM said.

"We expect our hiring next year in the US to equal or increase over 2003 levels. In fact, on a percentage basis, our forecast is for hiring across the Americas to outpace the hiring in the rest of the world."

The Wall Street Journal said IBM had already hired 500 engineers in India to take on some of the work.

IBM had informed its managers in mid-October of the plan to replace workers at IBM in Southbury, Connecticut; Poughkeepsie, New York; Raleigh, North Carolina; Dallas, Texas; and Boulder, Colorado, the paper said.

The scheme would affect people in its Application Management Services division, part of the global services operations, which employ more than half of IBM's 315,000 staff, it said.

In the first stage, about 947 people would be told in the first half of 2004 that their jobs would be handled overseas. Up to another 3,700 jobs would move later but the timing was uncertain, it said.

Some workers would be informed by the end of January, after which they would be expected to train a foreign replacement in the United States for several weeks, the Wall Street Journal said.

Affected workers would have 60 days to find another job within the company, it said.

The plan was reportedly still being developed.

It was unclear whether all of the jobs targeted -- most involving updating and improving software for IBM's own operations -- could be performed overseas.

 
Close  
   
  Today's Top News   Top Business News
   
+Terror list with links to al-Qaida unveiled
( 2003-12-16)
+Official: No flu outbreak reported
( 2003-12-16)
+More citizens win cases against government
( 2003-12-16)
+Workplace safety scrutinized
( 2003-12-16)
+Wen calls for more help for Africa
( 2003-12-15)
+IBM exports high pay jobs to India, China: report
( 2003-12-16)
+FDI on five-month slide
( 2003-12-16)
+Mobile phone, furniture, car sales boost consumer spending
( 2003-12-16)
+SOEs to reform by learning foreign experience
( 2003-12-15)
+Steel giant's bonds fund production line
( 2003-12-16)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
  Related Articles  
     
 

+Women stay on top at IBM S'pore
2003-12-03

+IBM taps Internet cafes operator
2003-11-26

+China first, then India and South Korea: IBM's Asian strategy
2003-11-24

+IBM builds online expo system in China
2003-11-19

+IBM to launch Linux technology center in South China
2003-09-23

+Shanghai to apply grid technology
2003-07-31

+Xiamen gets IBM training
2002-09-09

+Great Wall Tech, IBM make landmark team
2002-03-02

 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved