IBM, which has reportedly laid off over 4,500 employees in the US since the beginning of 2009, is said to be offering financial assistance to offset moving costs, and will provide immigration support such as visa assistance and other support under its Project Match. The project was established by IBM to help employees locate potential job opportunities in growth markets.
Would it amount to a revolutionary move on IBM's part to effect easier mobility of trained human capital across borders? "Not really," said a senior HR recruiter. "Rather, it seems to be a revolutionary way to save on higher health and social security costs, which IBM would have to pay its employees in the US. Transferring them makes sense and also makes for good PR back home," he said, expressing doubts whether too many US employees would take this offer.
I can see it now, America’s best and brightest leave their homes and everything familiar to them to move overseas and start a new life, one fraught with cultural confusion. A new generation is born in India, one plagued by confusion and self-doubt.
« Older Obama reverses Bush administration on mercury poll... | Roto-Spheres were dramatic ani... Newer »
This thread has been archived and is closed to new comments
Buy a Shirt