Re: [PEN-L] Immigration = fetishism of labor + globalization
Also, wasn't Mandel a lefty long time ago? Robert Cringley shows how the IBM strategy is a crock: http://www.pbs.org/cringely/pulpit/2007/pulpit_20070511_002058.html http://www.pbs.org/cringely/pulpit/2007/pulpit_20070504_002027.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
Re: [PEN-L] Immigration = fetishism of labor + globalization
Last night, I sent to URLs in response to Charlie's message regarding IBM. Probably because I did not give much context, nobody seems to have looked at either article. Both are relatively short, regarding how IBM is screwing up in its outsourcing and probably risking the long-term survival of the company -- at least as a major player. The idea is that underbidding its contracts and then cutting costs to make them more profitable is destroying the reputation of the company. http://www.pbs.org/cringely/pulpit/2007/pulpit_20070511_002058.html http://www.pbs.org/cringely/pulpit/2007/pulpit_20070504_002027.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
Re: [PEN-L] Immigration = fetishism of labor + globalization
On 5/27/07, Michael Perelman <[EMAIL PROTECTED]> wrote: Last night, I sent to URLs in response to Charlie's message regarding IBM. Probably because I did not give much context, nobody seems to have looked at either article. Both are relatively short, regarding how IBM is screwing up in its outsourcing and probably risking the long-term survival of the company -- at least as a major player. The idea is that underbidding its contracts and then cutting costs to make them more profitable is destroying the reputation of the company. ...and how much $$$ can they get if they offload their reputation?
Re: [PEN-L] Immigration = fetishism of labor + globalization
I did look at them, Michael, but didn't have anything useful to say as a result. Gene On May 27, 2007, at 2:38 PM, Michael Perelman wrote: Last night, I sent to URLs in response to Charlie's message regarding IBM. Probably because I did not give much context, nobody seems to have looked at either article. Both are relatively short, regarding how IBM is screwing up in its outsourcing and probably risking the long-term survival of the company -- at least as a major player. The idea is that underbidding its contracts and then cutting costs to make them more profitable is destroying the reputation of the company. http://www.pbs.org/cringely/pulpit/2007/pulpit_20070511_002058.html http://www.pbs.org/cringely/pulpit/2007/pulpit_20070504_002027.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
Re: [PEN-L] Immigration = fetishism of labor + globalization
Michael, I read those articles and I am not sure I believe what Cringely claims. 150,000 layoffs? The numbers just seems so wildly exaggerated and his analysis superficial. Here's what Bloomberg says on IBM's most recent quarter: -snip Even amid price competition from rivals including Hewlett- Packard Co. and Accenture Ltd., IBM has managed to ``cherry pick'' the most profitable deals, said Eric Ross, an analyst at ThinkEquity Partners in New York. In the year-earlier quarter, IBM signed contracts worth $11.4 billion to help maintain clients' computer systems. http://www.bloomberg.com/apps/news?pid=20601087&sid=aTbaVjjedIMI i.e. essentially the exact opposite of Cringely's claims. The true picture is probably somewhere in between. -raghu. On 5/27/07, Michael Perelman <[EMAIL PROTECTED]> wrote: Both are relatively short, regarding how IBM is screwing up in its outsourcing and probably risking the long-term survival of the company -- at least as a major player. The idea is that underbidding its contracts and then cutting costs to make them more profitable is destroying the reputation of the company. http://www.pbs.org/cringely/pulpit/2007/pulpit_20070511_002058.html http://www.pbs.org/cringely/pulpit/2007/pulpit_20070504_002027.html
Re: [PEN-L] Immigration = fetishism of labor + globalization
I am not an expert in this, but I thought that Cringley was saying that they were cherry picking by underbidding -- which will be self-defeating in the end. On Mon, Jun 04, 2007 at 01:28:36PM -0700, raghu wrote: > Michael, > I read those articles and I am not sure I believe what Cringely > claims. 150,000 layoffs? The numbers just seems so wildly exaggerated > and his analysis superficial. Here's what Bloomberg says on IBM's most > recent quarter: > -snip > Even amid price competition from rivals including Hewlett- Packard Co. > and Accenture Ltd., IBM has managed to ``cherry pick'' the most > profitable deals, said Eric Ross, an analyst at ThinkEquity Partners > in New York. In the year-earlier quarter, IBM signed contracts worth > $11.4 billion to help maintain clients' computer systems. > > http://www.bloomberg.com/apps/news?pid=20601087&sid=aTbaVjjedIMI > > i.e. essentially the exact opposite of Cringely's claims. The true > picture is probably somewhere in between. > -raghu. > > > On 5/27/07, Michael Perelman <[EMAIL PROTECTED]> wrote: > > Both are relatively short, regarding how IBM is screwing up in its > > outsourcing and > > probably risking the long-term survival of the company -- at least as a > > major > > player. > > > > The idea is that underbidding its contracts and then cutting costs to make > > them more > > profitable is destroying the reputation of the company. > > > > > > http://www.pbs.org/cringely/pulpit/2007/pulpit_20070511_002058.html > > http://www.pbs.org/cringely/pulpit/2007/pulpit_20070504_002027.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
