Submission + - IBM Preparing for U.S. Layoffs In Services Unit
Salary writes: "IBM is preparing for layoffs for most employees in its service unit. It is confirmed by Wall Street Journal and CNBC. The numbers could be around 500 and the unit is going to be moved to India. The story is developing but is confirmed by various sources. The debate will be about outsourcing and globalization under this economy. Per salary list, the average salary for IBM employees last year is around $80K based on available public data. Some insiders estimate cost for Indian counterpart is around $20K."