Outsourcing Taking High Tec. Jobs

(Note: IBM is receiving stimulus money inspite of the following actions)

• 
  Recent announcements of mass layoffs have created new scrutiny around the H-1B visa program, which brings foreign tech workers (mostly from India) to the US for work (at below-market wages, critics say). But IBM (IBM) is going with a novel tack: Instead of bringing cheap Indian workers to America, the company is demanding its American workers move to cheap India and get paid India-standard wages.
• A better option than being laid off? IBM has been quietly eliminating thousands of jobs over the past few weeks.
• anyone who refuses to move will be considered a "voluntary departure" and denied severance benefits.
• Know more about IBM's layoffs or relocation plans? Email ekrangel@alleyinsider.com, anonymity guaranteed.
  InformationWeek gets their hands on leaked IBM documents explaining the program:

Read more at: http://www.businessinsider.com/2009/2/ibm-to-north-american-employees-to-keep-your-job-move-to-india-ibm

http://www.businessweek.com/bwdaily/dnflash/content/mar2009/db20090325_626883.htm?campaign_id=rss_daily