Posts Tagged ‘United States’

Project Match: IBM sends laid off workers to emerging markets

Wednesday, February 11th, 2009
Economic Map of the World: Emerging Markets an...
Image via Wikipedia

An interesting concept, if you’ve been made redundant in one of their American or European arms, IBM will offer to help you make the transition to working in emerging markets. Specifically in China, India and Brazil. IBM has laid off an estimated 4,000 employees since the beginning of 2009 and is showing signs that more pink slips may be in the mail, but in order to save a bit of face, they’ve developed this program that sounds good on paper but in actuality is a great way for them to move Western talent into foreign markets, where they can pay them local salaries, far less than they’d be making back home. It’s strategic at best, but they spin it well…

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.

“IBM has established Project Match to help you locate potential job opportunities in growth markets where your skills are in demand,” IBM says in an internal notice on the initiative. “Should you accept a position in one of these countries, IBM offers financial assistance to offset moving costs, provides immigration support, such as visa assistance, and other support to help ease the transition of an international move.”

The document states that the program is limited to “satisfactory performers who have been notified of separation from IBM U.S. or Canada and are willing to work on local terms and conditions.” The latter indicates that workers will be paid according to prevailing norms in the countries to which they relocate. In many cases, that could be substantially less than what they earned in North America.

Reblog this post [with Zemanta]

Where is eBay’s New Datacenter?

Friday, January 23rd, 2009
Image representing eBay as depicted in CrunchBase
Image via CrunchBase

Online auction site eBay has chosen a suburb of Salt Lake City as the site for a $334 million data center project. The company said yesterday that it has purchased land in South Jordan, Utah in the Daybreak Commerce Park, not far from whereOracle Corp. (ORCL) is building a huge data center.

The state Office of Economic Development offered eBay $27.3 million in tax incentives over 10 years to build the facility in Utah, according to the Salt Lake Tribune. The data center is expected to create about 50 jobs with wages averaging $49,200 a year, about 50 percent above the Salt Lake County annual median wage.

The facility, which could be as large as 250,000 square feet, would continue a regional expansion that has seen eBay acquire a large data center in Phoenix and expand its facility in Denver. (more…)