3.08.2004

Study: IBM's 'new' U.S. jobs not so new The Washington Times (3/08)
"... For one thing, many of those 5,000 new jobs are part of IBM's ongoing contract business, whereby it takes over client's accounting and payroll work.

Typically, IBM hires the employees whom the client already had doing such work. Eventually, though, many of them are fired, the Journal reported.

Not only that but some of that work ends up offshore."

See also New IBM Jobs Can Mean Fewer Elsewhere on CNNMoney

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