I am surprised no one has complained about this yet
MissMarketCrash sent this along to me:
The climate is warm, there's no shortage of exotic food, and the cost of living is rock bottom. That's IBM (NYSE: IBM)'s
pitch to the laid-off American workers it's offering to place in India.
The catch: Wages in the country are pennies-on-the-dollar compared to
U.S. salaries.
pitch to the laid-off American workers it's offering to place in India.
The catch: Wages in the country are pennies-on-the-dollar compared to
U.S. salaries.
Under a program called Project Match, IBM will help workers laid off
from domestic sites obtain travel and visa assistance for countries in
which Big Blue has openings. Mostly that's developing markets like
India, China, and Brazil.
NB: The program is limited to "satisfactory performers."