Thread regarding IBM layoffs

"IBM’s career page shows 3,722 jobs available in India"

Today (hours ago): "A look at IBM’s career page shows 3,722 jobs available in India, as of the time of writing, up from 173 at the beginning of 2024, and 2,946 near the end of the year." https://www.webpronews.com/ibm-appears-to-be-moving-thousands-of-jobs-to-india/

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| 1192 views | | 8 replies (last April 1, 2025) | Reply
Post ID: @OP+1jqpf2qap

8 replies (most recent on top)

https://economictimes.indiatimes.com/tech/information-tech/ibm-looks-to-groom-indian-talent-for-global-roles-and-key-missions/articleshow/117064563.cms?from=mdr

IBM looks to groom Indian talent for global roles and key missions
American software maker IBM has planned to boost its technical leaders in India by up to 30% over the next three years banking on India’s skilled talent pool by grooming and developing them within the country, its senior executive told ET.
The technology giant has already doubled its overall headcount in India following its two labs and client innovation centres set up in Kochi and Ahmedabad.

Of its around 282,000 global workforce as on December 2023, rough estimates suggest that nearly about a third are based in India. The firm does not share the breakup.
The multinational giant is also looking to step up in India by adding a new tier-2 city in the coming months and aim for 25% hiring growth this year in the new and existing cities like Bengaluru, Kochi, Ahmedabad and sub-regions like Hyderabad

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Post ID: @da+1jqpf2qap
when you pay peanuts, you hire monkeys

or elephants or birds

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Post ID: @c0+1jqpf2qap

@ap

it comes down to this - when you pay peanuts, you hire monkeys. In IBM's case, those monkeys are in India.

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Post ID: @bf+1jqpf2qap

@b2

Because you're incapable of working genuinely smart.

Know your place.

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Post ID: @bb+1jqpf2qap

As of Monday morning internal look, 11 jobs worldwide.
They want to remove more expensive internal workers to unemployment and hire 3000+ cheaper in the open market worldwide. Also checking Linkedin there are posts for all types of backgrounds.

It's been a long strange trip friends, just hope the earth isn't flat.

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Post ID: @ae+1jqpf2qap

So let’s take your statement to its logical conclusion IBM laid off 9k of USA and Northern European employees in 2024. I think we will all acknowledge that. So that means 90k worth of Indian employees were hired (correct?) So why did IBM’s total worldwide employee population go from 282k to 270k last year? 4% shrinkage. Shouldn’t it have grown to 372k? I believe instead of the 10-1 that you have quoted, IBM has figured out how to replace 1-1 and pocketed the cost savings due to much lower labor rates, thus goosing the FCF and IBM’s bottom line.

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Post ID: @ac+1jqpf2qap

I am surprised that the number of job openings in India is not higher,
For every position vacated in the US, IBM hires 10 Indians, in the hope ….

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Post ID: @a5+1jqpf2qap

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