[Toshi]

http://www.informationweek.com/news/management/outsourcing/showArticle.jhtml?articleID=213000389

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.

[...]

In addition to India, China, and Brazil, IBM is offering to relocate redundant U.S. workers to a number of other developing markets, including Mexico, the Czech Republic, Russia, South Africa, Nigeria, and the United Arab Emirates, according to the notice, which was obtained Monday by InformationWeek.

wow. i've often wondered why companies don't do this within the u.s. -- why are people still living in michigan, for instance? i've never seen it so explicitly spelled out on an international scale with a major company, however.

 

[reflux]

Nigeria. Really?

It's a "nice" enough gesture, and in the event that employment goes royally down the shatter, I can see this being used to bide one's time until the economy improves.

 

[Silver]

Haha!

So not only do you get paid local wages (also known as **** all) you still have to pay US taxes on your worldwide income.

Epic America Fail...

 

[RUFUS]

Depending on what part of South Africa it is, I would go if I was with IBM. Maybe it would be close to Morewood and you can just go ride with those guys all the time.