Analyst: IBM To Employ 100,000 Workers In India By 2010

[OhioChick]

December 04, 2006
AMR Research analyst reports IBM India aims to add 1,000 new employees each month to meet growth projections.

The top analyst at IT consulting firm AMR Research says IBM will double its staff in India to about 100,000 workers within four years.

"To reach its target of adding 1,000 new employees every month , the company sorts through 60,000 resumes and conducts 10,000 interviews" as part of the effort to hit the 100,000 mark, AMR chief research officer Bruce Richardson wrote Friday on a blog covering his recent trip to IBM facilities in Bangalore.

Richardson says the 100,000 figure is an extrapolation of current growth rates at IBM India. "I did the math," he said in an e-mail Monday to InformationWeek.

IBM has a policy against commenting on employee growth rates for specific countries, so the number can't be verified. However, it's a reasonable prediction based on IBM's recent past. Between March 2006 and March 2005, IBM raised head count in India from 23,000 to 39,000--an increase of 70% in just one year. The company has also said publicly it would invest $6 billion in India over the next two years to build out its presence in the country.

http://www.ddj.com/dept/global/196601340

[JeffR]

1. India Business Machines?

eom

[superconnected]

2. They probably mean china. The techboom in India will drive up

the salaries - it already is. Eventually it won't be cheaper to find labor there. Some companies are already moving to China.

[leveymg]

5. China already owns IBMs PC and "Powerbook" brands

Big Blue sold that division to China's Lenovo last year. The jobs go where the Dollars are.

[HughBeaumont]

3. 100k in India

Go ahead, "free-market", pro-corporate apologists, I believe you were saying something funny about "a rising tide lifts all boats".

Seems to me like it's only liftin' the yachts.

Or do we simply have to "be patient"?

:eyes: :eyes: :eyes: :eyes: :eyes:

[Lone_Star_Dem]

6. Be patient and eat less

Spend your money on blankets instead, since you won't be able to afford heat this winter.

[ninkasi]

4. Corporate American's patriotism

is stunning for it's absence. I guess we common folk are not only the ones who foot the bill for government, but are supposed to not question government authority, or risk being labeled "with the terrorists". Apparently, the companies which depend on our taxpayer dollars being used to protect them have no qualms about paying few if any taxes, and using the tax money we pay to protect their interests overseas, while our jobs are shipped out of this country. I think businesses which do this should have to pay penalties for doing so, or at least pay their fair share of taxes. The American middle class should be placed on the endangered species list.

[OneBlueSky]

7. in the real world, this headline would read . . .

"Major U.S Corporation Majorly Dumps American Workers" . . .

I remember when, in the world of corporations, IBM was THE place to work . . . despite their white shirt and tie requirement, they offered great benefits, long-term employment security, and flexibility to accommodate employee civic and charitable endeavors . . .

in 1970 (I think), I worked on a Congressional campaign chaired by an IBM employee who had gotten time off to do this work . . . the guy was a theoretical mathemetician, and his job consisted of sitting around and thinking . . . and hopefully coming up with something interesting or significant now and then . . . when he expressed and interest in seeing Scotland, they re-assigned him to Scotland to pursue his cerebral duties . . . nice work if you can get it . . .

what we're allowing corporations to get away with in this country is a crime of major proportions . . . they need to be regulated, controlled, and limited in what they can do . . . they need to be mandated to leave a zero environmental footprint by a date certain or face heavy taxation . . . and the notion of corporate "personhood" needs to be abolished once and for all . . .