The Booming Economy

It's too bad, so sad for those H1B workers who were brought into this country to undercut American workers' wages and salaries.

Cry me a goddamned river.
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You can't make this shit up:

The climate is warm, there's no shortage of exotic food, and the cost of living is rock bottom. That's IBM (NYSE: IBM)'s pitch to the laid-off American workers it's offering to place in India. The catch: Wages in the country are pennies-on-the-dollar compared to U.S. salaries.

Under a program called Project Match, IBM will help workers laid off from domestic sites obtain travel and visa assistance for countries in which Big Blue has openings. Mostly that's developing markets like India, China, and Brazil.

One of the industry's leading CIOs, Ralph Szygenda, talks about what it takes to be a CIO and what tomorrow's CIO will have to do to prepare.
"IBM has established Project Match to help you locate potential job opportunities in growth markets where your skills are in demand," IBM says in an internal notice on the initiative. "Should you 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."

This is as appealing as wading across the Ganges River.
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