4 ms·

Hmm, IBM was just laying off huge swathes of it's US workforce... https://www.theregister.co.uk/2017/03/31/ibm_bloodbath_continues/ https://www.theregister.co.

• dreamcompiler 9y ago
  Exactly. IBM's business model these days is like that of a lot of other companies': Lay off your seasoned employees and replace them with lower-skilled low-benefits fungible contractors who cost half as much.
  • emodendroket 9y ago
    New-collar indeed.
  • mtberatwork 9y ago
    > IBM's business model these days That's been their model for a long time. They aren't known as "India Business Machines" for nothing.
  • dreamcompiler 9y ago
    Corollary: And use the cost savings to line the pockets of upper-level executives and -- if absolutely necessary -- shareholders. But never customers.