The social network Twitter and message boards brought the fallout of IBM’s layoffs. As the employees posted the news about their job losses in real time. There was a political reaction, the state Assembly member questioned on how a company that receives taxpayer assistance can also cut employees and move jobs and overseas.
A Republican whose district includes IBM’s home country of Westchester, Greg Ball called for a legislative hearing to look into IBM’s layoffs in light of the state’s multimillion-dollar investments to help the company. He said in the interview that his fear is that IBM has planned to offshore large portion of business and meanwhile accepting taxpayer dollars under a guise of keeping those position.
The IBM officials could not immediately be reached for comment, the New York said that it would provides $140 million in grants to IBM, this is which in turn that was investing $1.5 billion to create 1,000 new jobs in nanotechnology. To help IBM retain jobs at its East Fishkill plant in Dutchess County, an area also represented by ball the agreemen t also included $65 million in provision.
An IBM employee wished to remain anonymous, the union believes that IBM is shifting jobs overseas. The employee who is wishing to remain anonymous said that all he heard was they have to make hard decisions based on the economy. The employee also pointed out that IBM’s services unit was doing well and making a profit, it is something that the company has cited in its financial reports.
The assistant professor of public policy at the Rochester Institute of Technology and author of Outsourcing America, Ron Hira said that IBM has spelled out a plan to shift jobs to India and they are executing on it. There’s also a questions about projects that the IBM’s offshoring could also raise. The projects funded under the government’s massive stimulus plan. Hira said that if the policymakers want to create jobs with the taxpayer dollars, then they ought to ensure this, creating jobs in the US and not in India or other countries. The IBM is clearly tryin g to hide the fact that stimulus dollars receives will actually create jobs overseas rather than in America.
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