IBM Getting Pounded

The goal of Corporate America is to always be making more and more money.  That is the single most important objective.

The philosophy most corporations embrace is get rid of their American Workers as fast as they can and hire cheap workers overseas.  That is how they achieve greater returns…..or so they say. 

In 2002 IBM employed 6,000 employees in India. 

In 2012 they employed 212,000 employees in India.  

In 2007 IBM employed 121,000 Employees in America. 

In 2009 they employed 105,000 Employees in America. 

Notice the trend.  More Indians.  Less Americans.  Remember the goal….Always be making more and more money. 

Lets check the results.  How is IBM do making more money…… 

http://www.forbes.com/sites/afontevecchia/2013/10/16/ibm-falls-off-a-cliff-as-q3-sales-fall-on-services-and-hardware-weakness/ 

Oh look they were only off by 1.1 BIllion.  Well I guess that is pretty close.

After 2009 IBM stopped announcing how many US employees they have.  They were embarrassed by the trend.  They should be embarrassed by the results.