[codergeeks] IBM Shareholders On Offshoring
gregf at navigo.com
Wed Apr 28 10:12:51 CDT 2004
---------- Forwarded message ----------
Date: Tue, 27 Apr 2004 21:52:32 -0500
From: Christoph Schittko
Subject: IBM Shareholders On Offshoring
I stumbled across this article on news.com today.
Some smart people at IBM are bringing it to the attention of their
executives that offshoring is not in everybody's best interest:
Lee Conrad, the national coordinator for the Alliance at IBM, said his union is
troubled by IBM's plans to hire overseas. "This raises serious concerns
about the long-term job prospects for workers in the United States," he said
in a statement.
Alliance at IBM secretary James Mangi also submitted a proposal to review
executive compensation to determine if the current executive pay structures
"create an undue incentive to make short-sighted decisions."
Of course the proposal was rejected ...
The full article is at:
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