Thread regarding IBM layoffs

Big U.S. Companies Reveal How Much They Rely on Overseas Workers

The size of overseas workforces is a hot-button issue for many U.S. companies due to political

sensitivities around shifting American jobs to developing countries.

Between 2000 and 2015, the most recent year that Commerce Department data is available, American

multinationals hired 4.3 million people in the U.S. but added even more jobs—6.2 million—overseas. In

total, U.S. multinationals in 2015 employed 28.3 million people domestically and 14.1 million abroad.

A number of companies don’t disclose their U.S. head counts. One is International Business Machines

Corp., which stopped reporting the size of its U.S. workforce in 2010 and didn’t shed any more light on

the geographic makeup of its workforce when it disclosed its CEO-pay ratio earlier this year. Chief

Executive Ginni Rometty earned $18.6 million, or 341 times the $54,491 that IBM’s median employee earned.

Ginni and her camarilla = cowardly weasels.

https://www.wsj.com/articles/big-u-s-companies-reveal-how-much-they-rely-on-overseas-workers-1523448000

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| 881 views | | 1 reply (April 15, 2018) | Reply
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This is only news to people who dont work in the tech industry....we have all lived it

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