IBM is India's second largest pvt sector employer

[OhioChick]

18 Aug, 2010, 05.47AM IST,TNN

BANGALORE: Tata Consultancy Services is the largest private sector employer in the country. It had 1,63,700 employees as on June 30. But guess who's number 2?

The honour goes to -- surprise, surprise -- IBM. That's right. Not to any Tata or Ambani company, or to Infosys or Wipro.

The fact that IBM has over one lakh people on its rolls in this country is one of India Inc's best-kept secrets. No one in US-headquartered IBM will admit that it employs such a large number of people in India -- for fear of a backlash at home. There's been rising anger in the US over the transfer of `American jobs' to lower cost havens, particularly India. Faced with an economic slowdown and a politically-damaging high employement rate, Barack Obama himself has begun to sound jingoistic. He has issued barely-veiled threats against US companies that ship out work and promised candies to those who stay patriotic.

Even as an IBM spokesperson declined comment when contacted, a source within the company said that in a couple of years, the India employee strength could cross that in the US, where it employs about 1,55,000 people, and where the pace of hiring is substantially slower than in India. IBM globally has a little over 4,00,000 employees. So, close to 1 in 3 of its employees is already an Indian.

More:http://economictimes.indiatimes.com/infotech/ites/IBM-is-Indias-second-largest-pvt-sector-employer/articleshow/6327859.cms

[Amerigo Vespucci]

1. The two-step recovery process...

...1). Immediately stop rewarding companies that have exported jobs to India, China, Mexico, or elsewhere.

2). Immediately start to transfer those rewards to companies that keep the jobs in the U.S. or bring them back.

India's economy is not our responsibility. It is not a matter of the Indian workforce being "smarter" or "more skilled." It's a matter of living in India allows that workforce to work for pennies on the U.S. dollar.

A third step, of course, is to immediately boycott any company that exports jobs, because in the final analysis, the only people who care about American workers are American workers.

Money talks, empathy walks. The business owners just do not care. That's why they're not hiring. They want to keep 100% of any recession-era profits they've made.

[OhioChick]

2. Well said and agreed.

:thumbsup:

[econoclast]

3. Amerigo, just out of curiosity, where was your compoter made?

Yeah. I thought so. So's mine.

Not trying to pick a fight, just illustrate a point.

 

In 2009, US imports of goods and services were about 2 trillion dollars. Two trillion dollars a year creating jobs in china and India and Mexico and Canada and Taiwan and japan. .......

That's all stuff WE bought!

And we have been buying the imported stuff for years.    Computers, cars, sneakers, clothes, TVs, beer, wine, cell phones ... You name it.    But don't  blame business.    Blame US!

We believe Keynes, no?    Does Keynes say that the market is driven by Demand or Supply?     DEMAND says Keynes.   And we believe Keynes, don't we?   Or have we become, suddenly, supply-siders?

Sure, business looked at the cheap labor and said "let's move there!".    But WE validated their decision to off-shore by continuing to buy the imported stuff.      

If we changed just a little, say substituted one purchase in four to something made in America instead of something made abroad that would pump 500 billion dollars a year into the American job market. 

Just one purchase in four.

[Amerigo Vespucci]

4. I know...jobs have been outsourced for as long as I've been alive

And the other part of the equation is that for Americans to buy American, American businesses have to make more noise about the fact that they are American businesses. How the hell is anyone going to know? Do we really expect the average Mr. & Mrs. Johnny Lunchpail to Google before they shop? Hell no...they're just gonna load up the kids and head over to Wal-Mart.

My business is marketing. 7 days a week I deal with frightened people who essentially say "I want more customers, but I am afraid to spend a single penny to attract them."

So I have no choice but to wish them a nice day and keep walking, and boy, do I fucking HATE doing that. I've doubled back on occasion to see businesses I wanted to help with "SPACE FOR RENT" signs in their windows.

:patriot:

[ChromeFoundry]

5. And where is your food coming from???

Most of the food I buy at the local grocery store does NOT clearly state where it was grown, packaged or where the chemical reaction process took place.

All it states is the location of the distributor... I think that needs to be changed.

I completely agree that US companies need to show the customer that the product was made in this country... I would gladly pay a little extra for knowing that the person would made the product was not in a sweatshop in China contemplating suicide... or a Indian factory that has no product safety standards... or by a child in Mexico working two feet away from a vat of toxic chemicals that also has contaminated the water she drinks and baths.