Saturday, June 25, 2005

IBM may hire over 14,000 in India


The US-based IBM, the world's largest IT company, plans to increase its payroll in India this year by more than 14,000 workers, even as it cuts 13,000 jobs in Europe and the United States, The New York Times reported on Friday, quoting an internal company document.

Marcus Courtney, president of the Washington Alliance of Technology Workers or WashTech, told the daily: "IBM is really pushing this offshore outsourcing to relentlessly cut costs and to export skilled jobs abroad."

"The winners are the richest corporations in the world, and American workers lose."

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