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View Full Version : This Is All Our Futures If We Dont Stop It Now!!


ForceFedHate
08-15-2003, 12:28 PM
SAN JOSE, California (AP) -- Scott Kirwin clung to his job at a large investment bank through several rounds of layoffs last year. Friends marveled at the computer programmer's ability to dodge pink slips during the worst technology downturn in a decade.

But it was tough for Kirwin, 36, to relish his final assignment: training a group of programmers from India who would replace him within a year.

"They called it 'knowledge acquisition,"' the Wilmington, Delaware, resident said. "We got paid our normal salaries to train people to do our jobs. The market was so bad we couldn't really do anything about it, so we taught our replacements."

Finally laid off in April, Kirwin sent out 225 resumes before landing a temporary position without benefits at a smaller bank -- and swallowing a 20 percent pay cut. FULL STORY:http://www.cnn.com/2003/TECH/biztech/08/11/training.replacements.ap/index.html

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08-17-2003, 01:07 PM
Man 'o man, that's a pretty crappy deal. It sounds like a lot of companies are abusing the system to raise profits.

I was reading just last week that some companies were complaining about lack of employee loyalty. I wouldn't be all that loyal if my employer was importing workers at one-sixth the cost at the expense of my job either!