Thread regarding IBM layoffs

IBM another Buffalo Billion letdown

Perhaps IBM should change their business model to just fleecing state and local governments out of incentive monies.

http://www.investigativepost.org/2017/11/09/is-ibm-a-buffalo-billion-boondoggle/

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The contracted help desk employees still count towards IBM’s 500 job commitment – which is “terrible policy,” said Greg LeRoy, executive director of Good Jobs First, a nonpartisan research group that tracks economic development subsidies nationwide.

“If IBM were allowed to count temporary, subcontracted employees, I would view that as a deficit in the rules,” he said.

Currently, 165 people work in IBM’s Buffalo office, according to a state spokesperson. How many of those are help desk workers is unclear. It’s also uncertain how many of the 500 jobs the company and its partners have agreed to create will be the high-tech, high-paying positions Cuomo described.

For all the talk of “high-tech jobs,” state officials concede that their agreement with IBM does not require the company to create any particular types of jobs, specifying only the overall headcount.

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| 1072 views | | 2 replies (last November 16, 2017) | Reply
Post ID: @OP+QhknzfG

2 replies (most recent on top)

Columbia, Dubuque, Baton Rouge, now Buffalo?

A truly disgusting company. Yet some morons are "proud" to work there? losers

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Post ID: @vvi+QhknzfG

S---ERS!

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Post ID: @gql+QhknzfG

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