"This month, IBM announced the closure of its research and development operations in China, a move expected to impact over 1,000 jobs. The US-based tech giant has been grappling with decreased demand for its hardware and difficulties in expanding within the Chinese market." https://news.abplive.com/business/tech-layoffs-industry-sees-job-cuts-surge-to-27000-in-august-1714608
3 replies (most recent on top)
Why are you surprised ? AK is the classic ignorant Indian Under-Manager Of Managers who knows nothing except to move jobs to India to please Modi and get another medal pinned on his chest before he retires. Or should that be "after he retires" or just drops dead ?
I think the most important point is whatever but what really matters is more but(secks).
Like…lots of it.
As goes revenue so goes employment! Thus ends chinas experiment with globalization. Remember labor (no matter what it’s form or education level) is a commodity, and can move at the drop of a hat