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To: Victor Lazlo who wrote (159894)	1/19/2004 5:10:44 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 164684

I have a solution, my solution is to force these companies to list their geographic market share (most already do this) and geographic employee base and if they are lobsided like oracle, microsoft etc - give their competitors huge tax breaks for keeping jobs here or remove any tax benes for the companies that over-offshore. I'll tell you one thing, there is NO WAY that Oracle or Microsoft will ever move to India. Their most important attribute and the key to their success is the fact that they are US companies. They need to be US companies to guarantee their huge executives salaries too, indian CEOs make less than 500K. Congress could force these companies to stay and hire in the US and they would. It is just an allegiance to free markets that lets this drain to our economy continue. I doubt it continues past Nov 04 though. I'd love to see oracle and microsoft go down, linux will just take over. notice from this PR that this offshoring trend is just BEGINNING for IBM. So the US didn't add any jobs last month, and we won't in the future either- until this trend is reversed. My estimate is that IBM has already sent about 40-50K jobs offshore. (it is hysterically funny that this PR lists that IBM is sending 3K jobs offshore in 04- LOLOL) IBM Data Give Rare Look at Sensitive 'Offshoring' Plans In a rare look at the numbers and verbal nuances a big U.S. company chews over when moving jobs abroad, internal documents from International Business Machines Corp. (NYSE:IBM - News) show that it expects to save $168 million annually starting in 2006 by shifting several thousand high-paying programming jobs overseas, Monday's Wall Street Journal reported. IBM hasn't announced the plan to shift workers overseas -- elements of which were reported in The Wall Street Journal last month -- either internally or externally. It isn't clear if the documents are final versions; most carry dates of late November and December 2003. The spokesman declined to comment on the documents seen by the Journal. Like other high-tech companies, IBM is moving knowledge work to cheap-labor sites outside the U.S. This "offshoring" process has raised fears that even high-skill jobs that were supposed to represent the U.S.'s future are being lost to countries that have already taken over low-skill factory work. biz.yahoo.com