IBM lays off 15,000, HP 1300 [Outsourcing]

The Register ^ | 8/21/2003 | Andrew Orlowski

[RedBloodedAmerican]

So you get your facts from restaurant tables? Atta boy!!

[dfwgator]

WE'RE ALL GONNA DIE!!!

Women, children and minorities no doubt will be hit hardest.

[RedBloodedAmerican]

I plan to raise my rates pretty significantly

You won't get a dime more until you shave your back.

[ZeitgeistSurfer]

So you must think the country (culturally, morally, spirtually) must be in much better shape today than in previous times. I don't think a glut of Chinese doodads at Walmart is any indication of the health of the nation.

[Grando Calrissian]

Time to restock the Y2K bunker with cigarettes, gold and spam.

[Eala]

It's not all going, despite the chatter. A few jobs over here are opening. Interestingly too, I know a company that's outsourced for years, with a team of programmers in Russia. Despite that, they recently moved another of their brightest lights from somewhere back of Toronto to their HQ in (very expensive) Boston.

[Lazamataz]

You won't get a dime more until you shave your back.

Not that rate, silly.

I still *give* that away.

[CJ Wolf]

I remember in the early 90's when the boom was Cary, RTP, NC. My company moved many jobs down and I was one of them. Up here in the north there were screams of simliar echos here on this board and Shortly after the company moved down they were having trouble finding quality workers. I moved back in 96. Massive education efforts were launched. Now we are sending the jobs elsewhere. You may have to move again. I hope your house is not too depressed in the market, it is sad.

[RogueIsland]

Sarcasm won't change the facts on the ground. Sooner or later, people are going to be very, very angry that their futures have been sold off. And we are talking about middle class people. They won't just sit still for the "globalization makes us all richer" arguments.

For some reason, the free traders think that in a representative republic, people whose careers have been lost to offshoring will gladly vote for more of the same out of some Randian religious conviction. They fail to see that the end result will be the establishment by the electorate of the very Socialist state they so despise.

[JacksonCalhoun]

I received a CS degree in '91 (Univ of CT), and to me it's completely useless in IT. Sure, it was fun desiging digital circuits on breadboards, but it doesn't do me much good now.

If I were to do it again (what the #$%!@ did I know at 18) I would learn a discipline (accounting or other business, engineering, actuary, etc.). Anybody can program, and you're only as good as your last job anyways in IT.

With jobs being shipped out, it's good to have a skill where you're physical presence is required

[Texas_Dawg]

Women, children and minorities no doubt will be hit hardest.

That will definitely be the consensus at FR, I can promise you.

[MelBelle]

Dang that's a good point. I just got laid off in June 1, a lucky guy named Ramesh got my job in India. I was thinking about going into teaching here in CA, but I thought the $39,000 startng salary was just too low considering what I was making $70,000 in the IT field... I might as well pursue it, because in a few years you will be right and the $39,000 will be something to swoon about!

[RedBloodedAmerican]

I must have missed it I guess. I didn't see where HP said the cuts were for "[Outsourcing]".

Basic business economics? How can you keep up same expenses when the income drops?

[warchild9]

Unsupportable public and private debt, unstopped foreign invasion, shrinking industrial base, fianancing an obvious peer competitor, a profoundly corrupt political system...there's more. With the exception of the latter, we didn't have these problems in WWII (and I know, since my present PhD thesis covers many of these topics...you'll get to see it when I publish).

[MatthewViti]

Thank Bush..he just outsourced many jobs to India.

[RedBloodedAmerican]

You're not only easy! You're cheap, too!

[ARCADIA]

I still believe national security issues will dominate 2004.

The biggest national security issue we have is our wrecked economy. By this time next year, congress is going to have to bail out California, and a long list of other states and the attack on Iraq is going to be a distant memory, long replaced by an expensive aftermath and negligible results. It doesn't matter if Al Queda detonates dozens of nukes next year, the key issue is still going to be the economy.

[warchild9]

Bots may celebrate W, like yourself, but every job lost is another person going over to the Democrats. I won't predict W will lose North Carolina, but given a stronger candidate on the other side, it won't surprise me.

[MatthewViti]

Your true colors as a Bushbot are showing. From the 10 Commandments threads to here.

[Lazamataz]

You're not only easy! You're cheap, too!

It's hard to insult me when I say the exact same thing, y'know. :o)