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Article #2019Re: IBM Is Importing Low Wage Employes To Avoid Paying American A Decent Wage!
From: Jeremiah Kristal
Date: Fri, 09 Oct 1998 00:00
Date: Fri, 09 Oct 1998 00:00
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On Fri, 09 Oct 1998 04:04:51 GMT, ElocutusOfBorg@hotmail.com (Elocutus, First Borg Son) wrote: >Rising from fathoms unknown to the minds of men, >smanes@NOSPAM.HEREmagpie.com (Steve Manes) intoned (and nyc.general >quaked): >> >>And jobs have begun to follow, at least in the NYC financial market. >>Many downtown financial firms ordered hiring freezes over the last few >>weeks out of concerns about the international financial market. At >>least one of the Big Five has already begun lay-offs. > >Anecdotal evidence is of little value in logical debate. I've yet to >be involved in a job search where one or more of the major investment >banks has *not* been in the middle of a hiring freeze. Actually, I have one of the Big 5 as a client and a handful of other similar firms, and I can say that they do seem to be putting a freeze on hiring. If I were working for a Wall St. firm, I would be considering changing my spending habits, though I'd still be making more than I really need. Yes, even living in Manhattan. I'm very glad that I turned down the Wall St. offers 13 months ago, even with the Nasdaq tanking I'm still way ahead. To keep some continuity in this thread, I haven't seen the great price drop that all the 'cheap immigrant labor' is supposed to lead to. I have seen a number of highly qualified immigrants (H1-B or greencard) pulling down strong 6 figure salaries plus bonuses. As they should. Jeremiah hiring anyone who can build and maintain large IP networks, english is a plus
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 106ed4,a818a10e0af8b760 X-Google-Attributes: gid106ed4,public X-Google-Thread: 10675b,a818a10e0af8b760 X-Google-Attributes: gid10675b,public X-Google-Thread: 104ad1,a818a10e0af8b760 X-Google-Attributes: gid104ad1,public X-Google-Thread: 101049,ba9f41f9812be7d4 X-Google-Attributes: gid101049,public From: jeremiah@idt.net (Jeremiah Kristal) Subject: Re: IBM Is Importing Low Wage Employes To Avoid Paying American A Decent Wage! Date: 1998/10/09 Message-ID: <361e9227.13453886@news.iconnet.net> X-Deja-AN: 399247453 Content-Transfer-Encoding: 7bit References: <slrn71eqca.1me.packer@shell.clark.net> <361780E6.45BF@swbell.net> <F0B6Lu.D7s@news2.new-york.net> <08C64968DFF6A619.B9CC9F3EDAE8628E.8B84860E053BAAE9@library-proxy.airnews.net> <F0CxCp.HwD@news2.new-york.net> <6vb78d$j9n$1@nnrp1.dejanews.com> <361de3e1.3103174@news.inch.com> <8A1C2F0B4A47E644.1864BF68BC8F41FA.125C858B9AEDC169@library-proxy.airnews.net> <6vidku$i9h$1@nnrp1.dejanews.com> <362a0eaa.2304403462@news.panix.com> <36248b0c.176996631@news.inch.com> Content-Type: text/plain; charset=us-ascii MIME-Version: 1.0 NNTP-Posting-Date: Fri, 09 Oct 1998 00:41:03 EDT Newsgroups: nyc.general,dc.general,ca.general,dfw.general