IBM Fires Workers, Offshores Jobs Despite Pledges To Trump

Labor News

IBM Chief Ginni Rometty has pledged 25,000 new US jobs, but the company has been releasing thousands of others and offshoring jobs. (EPA/Newscom)

Reprinted from Investor’s Business Daily by Bloomberg News on January 23, 2017.

On the eve of a summit last month between technology executives and then-President-elect Donald Trump, IBM (IBM) Chief Executive Ginni Rometty publicly pledged to hire about 25,000 US workers and spend $1 billion on training over the next four years.

She didn’t mention that the tech giant was also firing workers and sending many of the jobs overseas.

In late November, IBM completed at least its third round of firings in 2016, according to former and current employees. They don’t know how many people have lost their jobs but say it’s probably in the thousands, with many of the positions shipped to Asia and Eastern Europe. …

Investor’s Business Daily 1/23

About Jeffrey Burman 1753 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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