IBM offers jobs in India to laid-off workers: Report

Chicago, Feb 6 (PTI) Software giant IBM is offering
its recently laid-off employees jobs in "growth markets" like
India and Russia through a new programme and will help with
moving costs as well as provide visa assistance, media
reports said.

Through the 'Project Match' programme, IBM is offering
its outgoing workers in the US and Canada a chance to take an
IBM job in India, Nigeria and Russia, CNN quoted an IBM
internal document.

The company would help ex-employees "locate potential
job opportunities in growth markets where (their) skills are
in demand ...

"Should (the employees) accept a position in one
of these countries, IBM offers financial assistance to offset
moving costs, provides immigration support, such as visa
assistance, and other support to help ease the transition of
an international move," the document read.

IBM is also offering jobs in China, Brazil, the Czech
Republic, South Africa, Nigeria, and the United Arab
Emirates.

The programme is limited to "satisfactory performers who
have been notified of separation from IBM US or (IBM) Canada
and are willing to work on local terms and conditions," the
document added.

Employees who agree to relocate to India and other
countries would be paid much less than what they earned in the
US, the report said.

According to estimates, the New York-based company is
believed to have slashed 4,000 jobs since the beginning of the
year. However, it has not yet put a specific figure on the
number of people affected. IBM India employs over 75,000
people. PTI