Thursday, February 5, 2009

IBM Workers Might Need Payday Loans for Moving Costs

IBM offers laid-off workers positions overseas

Entrance of IBM Headquaters, Armonk, New York,...
We might see a higher demand for payday loans among IBM workers if some of them suddenly have to move.

This year IBM has already laid off more than 4,000 employees, but these layoffs come with an interesting option: Would you like a job in India?

Go to where the outsourcing is?

IBM is among the countless companies that have started using
outsourcing to cut costs. I guess they finally started feeling guilty
for giving jobs to people overseas at the same time they were causing
Americans to lose their jobs. So now, when an employee is on the
chopping block they have the option of moving to a country where IBM is
hiring instead of firing.

Prepare for payday loans

The way things are going in this country, I wouldn’t blame employees
if they took the company up on its offer. For some, moving to another
country might even be a benefit or fulfillment of a lifelong dream, who
knows. However, moving is expensive; IBM says it will “help” with
moving costs, which leads me to believe they won’t cover the full cost. ... click here to read the rest of the article titled "IBM Workers Might Need Payday Loans for Moving Costs"

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