transition team

IBM: The "I" Stands for "India" [UPDATED]

John Paczkowski in News on March 25, 2009 at 12:40 pm PT

When IBM CEO Sam Palmisano advised the Obama transition team that the $30 billion in information-technology stimulus handouts Big Blue is angling for could create more than 900,000 new jobs, he didn’t say they’d be created in India. Yet, apparently that’s the case. IBM is reportedly planning to sack “a large number” of employees in its Global Business Services division, shifting their duties overseas to workers in India.

IBM: The “I” Stands for “India” [UPDATED]

John Paczkowski in News on March 25, 2009 at 12:40 pm PT

When IBM CEO Sam Palmisano advised the Obama transition team that the $30 billion in information-technology stimulus handouts Big Blue is angling for could create more than 900,000 new jobs, he didn’t say they’d be created in India. Yet, apparently that’s the case. IBM is reportedly planning to sack “a large number” of employees in its Global Business Services division, shifting their duties overseas to workers in India.