Its clear that IBM muffles the stories of how it treats it employees like crap. No newspaper, magazine or research company will want to publish the stories you see on the web and on the IBM communication unions because they are afraid to lose their advertisement money in this tough economy.

Its not just the US , in the United Kingdom,  IBM has proposed to eliminate its most recent pension plan and also change the rules around early employment. These pensions have been cut away the last 10-15 years or so. Pension have been eroded away like the ocean erodes away at the sand on the shore. One UK union estimates that some employee will lose as much as $200,000 pounds. 

Sadly these are the highly trained employees getting targeted . They are joining unions as the only option to express their strong opinions about the lose of their PAY AND BENEFITS.

Its clearly Palmisano, executive greed and the board of director greed as IBM is a highly profitable business, with significant revenues and very high cash resources that have been used to inflate stock prices with hug stock buybacks.

How bad you get treated in Canada depends on the Province you live in as employment laws are regulated by the Province, for instance minimum notice and severance. UK and Canadian have been feeling the outsourcing to India and heavy layoff of people in their 50s who find it more difficult to find another job, due to age discrimination.  It is estimated that IBM has 200,000 new employees in India alone.

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At IBM and Fujitsu employment laws are not hindering these companies from cutting pay, eliminating pensions and jobs.

The IBM Communications Union website tells hundreds to  thousands of stories of how employees are tortured out of IBM with erroneous PBC (Performance reviews).  IBM really fosters allowing managers and HR to treat employees as bad as they can to push people out the door- making it the most painful experience for the employee. The effects are legendary on the employee and the employee’s family who are dependent on those wages and health benefits.

 

 

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