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IBM Promised Domestic Jobs, But is Firing Thousands of US Workers and Moving Some Jobs Overseas

As companies fall all over themselves to hype creation of U.S. jobs, IBM is catching flak for promising thousands of new ones while Firing folks right and left. From a report: Company CEO Ginni Rometty said in a December USA Today op-ed that her firm would hire 25,000 people for U.S. positions in the next four years, 6,000 of them this year. "She didn't mention that International Business Machines Corp. was also firing workers and sending many of the Jobs Overseas," reports Bloomberg. Big Blue wrapped up its third round of 2016 firings -- or "resource actions" in IBM HR parlance -- in late November, and Job losses for the year likely totaled in the thousands, current and former employees told Bloomberg. Many of the jobs were shipped to Asia and Eastern Europe, and the firings have continued into this year, employees said.

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IBM Promised Domestic Jobs, But is Firing Thousands of US Workers and Moving Some Jobs Overseas

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