LayoffBlog.com

February 4, 2009

IBM Offers To Move Laid Off Workers To India

Filed under: IBM,US,worldwide — 7macaw @ 8:38 am
Tags: , , , , ,

The climate is warm, there’s no shortage of exotic food, and the cost of living is rock bottom. That’s IBM’s pitch to the laid-off American workers it’s offering to place in India. The catch: Wages in the country are pennies-on-the-dollar compared to U.S. salaries.

Under a program called Project Match, IBM will help workers laid off from domestic sites obtain travel and visa assistance for countries in which Big Blue has openings. Mostly that’s developing markets like India, China, and Brazil.

Source: InformationWeek

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