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July 2003, Week 4

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Tue, 22 Jul 2003 13:02:45 -0500
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 Wirt Atmar ([log in to unmask]) wrote:
: The following article appears in today's NY Times:
:
: ======================================
:
: I.B.M. Explores Shift of White-Collar Jobs Overseas
: By STEVEN GREENHOUSE
:

C|Net is also carrying the story:

   http://news.com.com/2100-1022_3-5051028.html
   IBM explores shift of white-collar jobs overseas | CNET News.com

The Inquirer has an editorial on the IBM proposed job relocations:

   http://www.theinquirer.net/?article=10613
   IBM caught planning to offshore payrolls

  "...The New York Times story proceeds to elaborate on this sentence,
   but that's all you really need to know to understand what it's planning,
   which is to lay off thousands more middle-class workers in a true
   devil's bargain for cheaper personnel overseas, in less developed
   countries.

   Thus decades of shallowness in the American educational system come
   home to roost. Even senior management with IBM are apparently so
   myopic as to overlook its own enlightened self interest in the robust
   US economy. IBM is a multi-national, right? So someone will always buy
   its hardware and software and consulting, right? Never mind that its
   own country descends into deep depression, and a pernicious
   deflationary spiral, or that this weakness spreads to other economies
   that depend on sales to America.

   There used to be a time in the United States when captains of industry
   understood the "virtuous circle" of paying employees, who bought
   things from their customers, who then in turn bought goods their firms
   made.

   But that's so 19th Century now, one imagines. Their economists and
   MBAs are looking to the New World Economy now, that Holy Grail of Free
   Trade that is supposed to magically create wealth everywhere, all at
   once..."

:
: However, I'm not particularly worried about this "megatrend," where
: perhaps 3 million IT jobs will move overseas. I completely agree with
: Mark Wonsil when he says, "There will always be a market for free software."
:

Where's the free food, free shelter and free medical care ? ;-)


--Jerry Leslie   (my opinions are strictly my own)
  Note: [log in to unmask] is invalid for email

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