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January 17, 2004, 08:06 PM
IBM Raises Number of New Hires for 2004
Sat Jan 17, 4:25 PM ET
By Caroline Humer
NEW YORK (Reuters) - IBM will hire 15,000 new employees -- 50 percent more than originally planned -- in areas like software and services because of a rebound in the economy, a top executive said on Saturday.
Armonk, New York-based International Business Machines Corp., which has faced criticism for its plans to shift some U.S. workers to cheaper locations such as India and China, will add about 4,500 net jobs in the United States this year, according to Randy MacDonald, IBM's senior vice president for human resources.
"We are going to hire more in the U.S. than we shift" overseas, MacDonald said in an interview.
About 30 percent of the 15,000 new positions, or 4,500 jobs, will be net new hires in the United States, he said.
In total, the move will increase IBM's workforce by nearly 5 percent to about 330,000 or more depending on attrition. That number is the highest since 1991 when IBM began a decade-long overhaul under former Chief Executive Louis Gerstner.
More than half of IBM's employees are outside the United States.
The company plans to move up to 3,000 jobs from the United States to developing nations in 2004, an IBM spokesman said. A Wall Street Journal report in December that said the company would shift 4,730 software jobs to India was incorrect, MacDonald said.
…
http://story.news.yahoo.com/news?tmpl=story&cid=580&e=2&u=/nm/20040117/bs_nm/tech_ibm_dc
This seems to be the trend, all over the United States, for middle class jobs.
Sat Jan 17, 4:25 PM ET
By Caroline Humer
NEW YORK (Reuters) - IBM will hire 15,000 new employees -- 50 percent more than originally planned -- in areas like software and services because of a rebound in the economy, a top executive said on Saturday.
Armonk, New York-based International Business Machines Corp., which has faced criticism for its plans to shift some U.S. workers to cheaper locations such as India and China, will add about 4,500 net jobs in the United States this year, according to Randy MacDonald, IBM's senior vice president for human resources.
"We are going to hire more in the U.S. than we shift" overseas, MacDonald said in an interview.
About 30 percent of the 15,000 new positions, or 4,500 jobs, will be net new hires in the United States, he said.
In total, the move will increase IBM's workforce by nearly 5 percent to about 330,000 or more depending on attrition. That number is the highest since 1991 when IBM began a decade-long overhaul under former Chief Executive Louis Gerstner.
More than half of IBM's employees are outside the United States.
The company plans to move up to 3,000 jobs from the United States to developing nations in 2004, an IBM spokesman said. A Wall Street Journal report in December that said the company would shift 4,730 software jobs to India was incorrect, MacDonald said.
…
http://story.news.yahoo.com/news?tmpl=story&cid=580&e=2&u=/nm/20040117/bs_nm/tech_ibm_dc
This seems to be the trend, all over the United States, for middle class jobs.