Report: Politically-Connected IBM Outsources More U.S. Tech Jobs to India
Multinational tech corporation IBM is reportedly outsourcing more United States-based tech jobs to lower-wage India as executives rake in enormous annual salaries.
Multinational tech corporation IBM is reportedly outsourcing more United States-based tech jobs to lower-wage India as executives rake in enormous annual salaries.
Billionaire hedge fund manager Christopher Hohn, an investor in Google, admits there is no labor shortage in the United States tech industry despite claims that more foreign visa workers are needed to fill jobs.
Laid-off American professionals, who say they were replaced with foreign H-1B visa workers imported from India, scored a $4.65 million settlement against their former employer last week, Indian outsourcing firm Larsen & Toubro Infotech (LTI).
City officials in South Bend, Indiana will use taxpayer money to help companies outsource employment by subsidizing the cost of importing foreign H-1B visa workers for white-collar jobs.
United States Trade Representative Katherine Tai, speaking at the World Economic Forum meeting in Davos, Switzerland, highlighted a populist “worker-centered” trade agenda that breaks with the globalization of the past.
The United States Chamber of Commerce detailed its globalist policy agenda for the year, including advocating for more overall immigration regardless of its impact on the nation’s workers along with inking new free trade deals regardless of the impact on American jobs.
Canada and Mexico won a challenge against the United States under the U.S.–Mexico–Canada Agreement (USMCA) that may cost American jobs in the auto industry and supporting industries, U.S. Trade Representative (USTR) officials warn.
Hedge fund billionaire Paul Tudor Jones, a donor to Democrats and Republicans alike, says Environmental, Social, and Governance (ESG) is out of touch with the majority of Americans who prefer companies to be focused on how they treat their workforce rather than prioritizing environmental issues.
Sen. Angus King (I-ME) says Congress ought to pass a legislative package that expands legal immigration levels to fill unfilled United States jobs with foreign workers rather than pulling jobless Americans off the labor market sidelines.
The Federal Trade Commission (FTC) is proposing a rule that would ban companies from imposing non-compete clauses on workers in the United States, a move that the agency suggests would increase worker earnings by nearly $300 billion annually.
President Joe Biden will import nearly 65,000 H-2B foreign visa workers to take blue-collar jobs as 11.6 million Americans are jobless and another 3.7 million are underemployed.
The United States Chamber of Commerce and corporate donors are making a last-ditch effort, spending hundreds of thousands of dollars, to ram an amnesty for illegal aliens through the lame duck session of Congress.
A plan by Sens. Thom Tillis (R-NC) and Kyrsten Sinema (I-AZ) would permanently bring millions more foreign workers into the United States labor market, via amnesty and green card provisions, for employers to hire over qualified Americans.
Midterm voters, by a wide majority, support a nationwide crackdown on United States employers hiring illegal aliens over American citizens, a recent poll shows.
China’s solar manufacturers are evading United States tariffs by rerouting their production through three Southeast Asia countries, the Commerce Department reveals in a preliminary probe issued on Friday.
Former GOP House Speaker Paul Ryan is offering two reasons why GOP voters should walk away from President Donald Trump’s 2024 presidential primary campaign.
Brexit champion Nigel Farage has warned that British communities are being “changed beyond recognition” and quality of life eroded as the Conservative Party increases net immigration to over half a million a year to satisfy bosses’ hunger for cheap foreign labour.
Globalization of the United States economy has had a crippling impact on American towns as free trade makes it easier for companies to move production and jobs overseas, a report from the U.S. International Trade Commission details.
Real wages in Britain are not expected to return to 2008 levels until 2027 due in part to the financial mismanagement of the Tory government.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that while the October inflation
Beltway lobbyists are hoping a lame duck Congress rams through a green card giveaway for the nation’s largest tech conglomerates that would hugely reward them for rapidly outsourcing American jobs to foreign visa workers.
Republican J.D. Vance, running against Rep. Tim Ryan (D-OH) for Ohio’s open United States Senate seat, is pledging to help America’s union workers take back power from their Democrat union bosses.
Republican Mehmet Oz, running against Pennsylvania Lt. Gov. John Fetterman (D) for the state’s open United States Senate seat, says Washington, DC, ought to unleash high-paying energy sector jobs for Americans with wages they can live on rather than tinkering with the minimum wage.
CHILLICOTHE, Ohio—Republican J.D. Vance says a new Congress must reverse a policy that allows corporations to replace American professionals, often in high-paying STEM jobs, with cheaper foreign workers on the H-1B visa program.
Two all-important demographics, independents and women voters, are heavily breaking towards the Republican Party with just 21 days until the midterm elections.
On Monday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that while we saw wages growing at a faster pace than inflation before the pandemic, inflation has subsequently overtaken
Americans are suffering the biggest pay cut in decades thanks partly to inflation in President Joe Biden’s America, according to a recent study from the Federal Reserve Bank of Dallas.
Border crossers and illegal aliens bused to New York City from Texas are now reportedly headed to Florida to take clean-up jobs following Hurricane Ian.
Republican Monica De La Cruz, running in Texas’s 15th congressional district, says illegal immigration is a “gut punch” to the wages of America’s working class while the nation’s wealthy see “virtually no impact” on their livelihoods.
The United States does not need mass legal immigration to be a great nation, Florida Gov Ron DeSantis told a pro-America meeting in Miami.
Imposing United States tariffs on nearly all foreign imports would create about 10 million American jobs while boosting domestic output by nearly 20 percent, a new study finds.
Employers in industries that hired the most foreign H-2B visa workers for nonagricultural jobs over the last two decades have stolen about $1.8 billion in wages, a new analysis reveals.
Democrats in both houses of the California State Legislature have passed a bill that would allow the state to set wages for half a million fast food workers in the state, sending the legislation to Gov. Gavin Newsom (D) for signature.
The head of President Joe Biden’s border patrol force says “we’re doing very well,” as more than 2 million job-seeking, wage-lowering migrants flood across the border.
The U.S. construction industry can build more houses by importing a huge number of foreign workers via the H-2A farm worker program, says an economist who is working for an investor group.
On Wednesday’s broadcast of Bloomberg’s “The Open,” White House National Economic Council Director Brian Deese responded to concerns by the Federal Reserve about growing wages putting pressure on inflation and Fed officials saying that unemployment needs to rise by stating
Wage gains still lag inflation but real wages did actually rise for the first time this year in July.
On Friday’s broadcast of CNBC’s “Squawk Box,” Economics Professor at the University of Chicago Booth School of Business Austan Goolsbee, who served as Chairman of the Council of Economic Advisers under President Barack Obama, praised the number of jobs added
Wages and salaries are up by a record amount. Unfortunately, the cost of living is rising even faster.
European Commission staff got an automatic pay raise to match inflation, despite the rise being against the bloc’s own advice.