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IBM vows to hire 25,000 staff as tech chiefs meet Trump

Ginni RomettyImage copyright Getty Images
Image caption IBM chief executive Ginni Rometty is advising Donald Trump on jobs

Technology giant IBM has promised to hire about 25,000 professionals in the US over the next four years.

Writing in USA Today, chief executive Ginni Rometty pledged to spend $1bn (ÂĢ0.8bn) on training and developing new US employees.

She and other A-list tech industry executives are due to meet President-elect Donald Trump later on Wednesday.

The meeting may prove confrontational. On the campaign trail, Mr Trump was highly critical of the industry.

Many tech sector executives supported Mr Trump's rival, Hillary Clinton. And Mr Trump called for boycotts of firms manufacturing overseas, accused some of tax-dodging and proposed reforming immigration. Many tech companies recruit talent from overseas.

 

It was unclear from Ms Rometty's article how many of the new hirings would be offset by reductions among current staff, or how much of an increase the $1bn represents compared with current expenditure.

The senior executives expected to attend Wednesday's meeting in Trump Tower are expected to include Amazon's Jeff Bezos, Apple's Tim Cook, Microsoft chief executive Satya Nadella, Google/Alphabet's Larry Page, Sheryl Sandberg from Facebook and Tesla founder Elon Musk.

 

Amazon's Jeff BezosImage copyright AP
Image caption During the election campaign, Donald Trump was critical of technology companies, including Amazon

IBM was one of the firms singled out for criticism by Mr Trump on the campaign trail for shifting jobs overseas.

But immediately after his election victory, Ms Rometty wrote an open letter to the president-elect, outlining suggestions on how to make it easier to employ US workers.

She is now a member of Mr Trump's Strategic and Policy Forum, an advisory council focusing on boosting growth and jobs.

"We are hiring because the nature of work is evolving - and that is also why so many of these jobs remain hard to fill," Ms Rometty wrote in USA Today.

"As industries from manufacturing to agriculture are reshaped by data science and cloud computing, jobs are being created that demand new skills - which in turn requires new approaches to education, training and recruiting."

IBM has cut thousands of jobs over the last few years, but remains the US's largest technology company.

Originally established as a manufacturer of computer hardware, the company, also known by the nickname Big Blue, has made a name for itself in artificial intelligence.

It is developing quantum computing and sells software, hosting and consulting services.

 

 

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Look at this list.  These guys control net worth of companies that are worth more than half of the countries on this planet.  They are meeting Trump right now.  This very minute!  And yes, Satya Nadella is a coolie!!

"Wednesday's meeting in Trump Tower are expected to include Amazon's Jeff Bezos, Apple's Tim Cook, Microsoft chief executive Satya Nadella, Google/Alphabet's Larry Page, Sheryl Sandberg from Facebook and Tesla founder Elon Musk.:

 

Bibi Haniffa

PROJECTIONS FOR MAJOR HEALTH CARE PROGRAMS FOR FY 2016

(As of August 2016)

MEDICARE (Net of Offsetting Receipts)

$592 Billion

MEDICAID

$365 Billion

HEALTH INSURANCE SUBSIDIES AND RELATED SPENDING

$43 Billion

CHILDREN’S HEALTH INSURANCE PROGRAM

$14 Billion

Congress is not delevering 1.5 trillion to anyone. The above is what they complain about and try to manage and decides is too much and want to cut back.

FM
RiffRaff posted:

4.8 unemployment rate

Lowest

This is bull.  Low labor participation rate and a high dose of underemployment is shielding the real underlying issue of Obama's economy.

The Feds are now feeling confident to start raising rate because they are seeing signs of an economic stimulus coming from Trump.  Under Obama, the Feds were the only stimulus with -0- rates!

FM
ba$eman posted:
RiffRaff posted:

4.8 unemployment rate

Lowest

This is bull.  Low labor participation rate and a high dose of underemployment is shielding the real underlying issue of Obama's economy.

 

In January 2001 133 million were working.

In January 2009 134 million were working.

Currently around 144 million were working.

Comments baseman.  Note the 8 years between 2001 and 2009 and the 8 years since and then get back to me.

FM
Bibi Haniffa posted:

.  Total number of Medicaid as of right now is 82 million people. 

1. Many of those on Medicaid are indigent SENIORS.

2. Many others are WORKING people who don't get insurance on their jobs.

Do you suggest that all of these people be left to die on the streets?

I suggest that you chat with those doctors in RH and ask them how many of their patients aren't on Medicaid or subsidized Obamacare.

FM
ba$eman posted:
.

The Feds are now feeling confident to start raising rate because they are seeing signs of an economic stimulus coming from Trump.  Under Obama, the Feds were the only stimulus with -0- rates!

Bull. The Feds have been threatening to increase interest rates for a while now, and in fact have already begun to do so.

This has been the LONGEST sustained recovery and in fact the USA has the healthiest economy of the major nations.

A net increase of 10 million jobs have been created since Obama became president, vs. the just over 1 million under the previous TAX CUTTING GOP WAR MONGER.

FM
Last edited by Former Member
caribny posted:
ba$eman posted:
RiffRaff posted:

4.8 unemployment rate

Lowest

This is bull.  Low labor participation rate and a high dose of underemployment is shielding the real underlying issue of Obama's economy.

 

In January 2001 133 million were working.

In January 2009 134 million were working.

Currently around 144 million were working.

Comments baseman.  Note the 8 years between 2001 and 2009 and the 8 years since and then get back to me.

The US population is over 300 million people.  Some are students, retirees, and kids.  What are the other millions doing if only 144 million working?

Bibi Haniffa
Bibi Haniffa posted:
caribny posted:
ba$eman posted:
RiffRaff posted:

4.8 unemployment rate

Lowest

This is bull.  Low labor participation rate and a high dose of underemployment is shielding the real underlying issue of Obama's economy.

 

In January 2001 133 million were working.

In January 2009 134 million were working.

Currently around 144 million were working.

Comments baseman.  Note the 8 years between 2001 and 2009 and the 8 years since and then get back to me.

The US population is over 300 million people.  Some are students, retirees, and kids.  What are the other millions doing if only 144 million working?

Exactly what you are doing right now.

Mitwah
VVP posted:

I will see where these Trump backers will be when his a$$ gets impeached.  He got many enemies in the Republican party to make this happen.

I recall how these GNI people were already running away from Trump when it looked like he would have lost the election.  

They ran like rass.

BASEMAN took down Mr. Tump picture, Yugi burnt Trump picture whist doing artie.

Chief
caribny posted:
ba$eman posted:
RiffRaff posted:

4.8 unemployment rate

Lowest

This is bull.  Low labor participation rate and a high dose of underemployment is shielding the real underlying issue of Obama's economy.

 

In January 2001 133 million were working.

In January 2009 134 million were working.

Currently around 144 million were working.

Comments baseman.  Note the 8 years between 2001 and 2009 and the 8 years since and then get back to me.

144 mil, many with 25 hours a week!  Still counts as one!

FM
caribny posted:
ba$eman posted:
.

The Feds are now feeling confident to start raising rate because they are seeing signs of an economic stimulus coming from Trump.  Under Obama, the Feds were the only stimulus with -0- rates!

Bull. The Feds have been threatening to increase interest rates for a while now, and in fact have already begun to do so.

This has been the LONGEST sustained recovery and in fact the USA has the healthiest economy of the major nations.

A net increase of 10 million jobs have been created since Obama became president, vs. the just over 1 million under the previous TAX CUTTING GOP WAR MONGER.

This is all hog wash.  Obama is well likes for his personality, no one wants O3?  It's at best mediocre!

Yes, they were threatening for a while as -0- is not sustainable.  But they always pulled back as the economy was on soft footing!

Do not compare to Bush.  Bush took some drastic actions in the wake of 9/11 hoping to stimulate the economy!  No other president in recent history had such a situation to deal with!

FM
Chief posted:
VVP posted:

I will see where these Trump backers will be when his a$$ gets impeached.  He got many enemies in the Republican party to make this happen.

I recall how these GNI people were already running away from Trump when it looked like he would have lost the election.  

They ran like rass.

BASEMAN took down Mr. Tump picture, Yugi burnt Trump picture whist doing artie.

I did not like the way he handled the Pakistani family so I took it down.  However, I continued to make pro-Trump posts.  Frankly, yes I did not expect he would win however, I did suggest his support was stronger than the polls indicated!

Hail TRUMP!

FM

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