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The labor force in India is unstable. IBM has trouble keeping themselves staffed with skilled workers. Bringing over a "slave" workforce, where they would work for pennies on a dollar and stabilize that workforce would kill 2 birds with one stone: Keep the skills and pay them a lot less.

I am an ex-IBMer. I have seen IBM shoot themselves in the foot repeatedly with moving jobs overseas. But, the people pushing these jobs offshore only are looking at the short-term beans, and not the long term health of the company. I am still in touch with a lot of folks in (not-so-big) blue. It has turned into a hell-hole to work. Once upon a time I bled blue, and in return they sold me like a slave. Let IBM be an example of what happens when the chickens come home to roost...