audio transcript about ibm shifting tech jobs to third world
 

pnm://audio.nytimes.com/audiosrc/2003/07/21/business/20030722jobs.audio.rm

4 minutes long.

"With American corporations under increasing pressure to cut costs and build global supply networks, two senior I.B.M. officials told their corporate colleagues around the world in a recorded conference call that I.B.M. needed to accelerate its efforts to move white-collar, often high-paying, jobs overseas even though that might create a backlash among politicians and its own employees."

simple economics and good business, whats wrong with that?

why would any business purchase labor at $100 if it could get it for $10?