Thread regarding IBM layoffs

Real reason for US tech layoff is not AI it is outsourcing.

Outsourcing And Offshoring: The American workforce may have inadvertently weakened its position during the Great Resignation and Quiet Quitting movements, compounded by the ongoing debate and drama over returning to the office. In response, companies are increasingly turning to in-situ talent in Latin America, Eastern Europe, the Middle East, Africa, and Southeast Asia, where they can hire highly educated workers at a fraction of the cost. The threat to American jobs is not only from AI but also from a global workforce that is willing to work hard, adapt, and deliver without the associated complexities.

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| 1571 views | | 8 replies (last August 21, 2024) | Reply
Post ID: @OP+1u5DZNhn

8 replies (most recent on top)

it's not AI, it's lower costs to protect profit margin to trim those resented wage gains made during the pandemic all-the-while the CEO to employee wage gap gets larger

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Post ID: @2pvy+1u5DZNhn

https://www.dailymail.co.uk/news/article-13765387/fired-ibm-employee-diversity-targets-white-man-DEI.html

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Post ID: @2wsd+1u5DZNhn

And just as it’s been for the past forty years, the greedy ba----ds at the top pretend to have some sort of business acumen in restructuring/realigning/rightsizing which justifies their excessive compensation. When all they have done is cut costs for a short term bump in profits.

But hey, their options are in the money again. Woohoo! They’ve made it, which is all that ever mattered.

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Post ID: @2ksn+1u5DZNhn

1u5DZNhn

Extremely relevant post for today's world ! It clearly illustrates that what goes around comes around.

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Post ID: @2mtx+1u5DZNhn

This posting is at least 30 years late. IBM and other IT service companies were pioneers in outsourcing as early as the 1990s. Millions of jobs in all fields have been outsourced over the years to every possible country, so what is different about what's happening today?

Well, what's happening today is the same old story...somebody's a** got canned who thought that job cuts only happened to the loser down the street. "Ha ha, get a job!" was followed by "Ha ha, learn to code!". Lawyers, accountants and managers laughed at happy hours over the fates of unemployed factory workers. Keyboard grunts working cushy IT jobs laughed at happy hours over the fates of their "lessers" who didn't understand the latest technological jargon, who didn't own the newest technological gadgets and who didn't subscribe to all the social media channels. Those people are the ones getting fired today, and all of them are complaining about their mistreatment. They were "educated" and "skilled", after all...getting fired wasn't supposed to happen to them.

Life is full of irony. Irony is a great way to say "F*** YOU" to everybody. Enjoy the good times while they last, because they don't last forever...no matter what station you have in life.

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Post ID: @2ejs+1u5DZNhn

There are certain jobs that people who have English as a second language cannot do well. One of them is writing for marketing. They're cheap but US-based people have to edit/rewrite/revise everything they touch. Coders? Well maybe they're just fine. But writing proficiently in US English? Not so much. (PS: The same applies to AI)

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Post ID: @1vxx+1u5DZNhn

You had me until:

"The threat to American jobs is ... from a global workforce that is willing to work hard, adapt, and deliver without the associated complexities."

I have yet to see a LC resource even come close to the effort of a US, UK, or CA resource! Your assertion is laughable.

Obviously you're an LC employee 😂

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Post ID: @1hne+1u5DZNhn

I think the most important point is whatever but what really matters is more but(secks).

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Post ID: @1itm+1u5DZNhn

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