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| *Now talking on #techbytes | Nov 06 00:00 | |
| *Topic for #techbytes is: Welcome to the official channel of the TechBytes Audiocast | Nov 06 00:00 | |
| *Topic for #techbytes set by schestowitz!~roy@haii6za73zabc.irc at Tue Jun 1 20:21:34 2021 | Nov 06 00:00 | |
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| schestowitz | Nov 06 14:10 | |
|---|---|---|
| schestowitz | DJT said:”I’m gonna deport all the H_1-Bs back to Indi.a” | Nov 06 14:10 |
| schestowitz | https://www.thelayoff.com/t/1vlZPqB5 | Nov 06 14:10 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1vlZPqB5 ) | Nov 06 14:10 | |
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| schestowitz | https://www.thelayoff.com/t/1vmKT0nr | Nov 06 16:10 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1vmKT0nr ) | Nov 06 16:10 | |
| schestowitz | "' | Nov 06 16:10 |
| schestowitz | There will be layoffs in 2025 & 2026. These have nothing to do with the whole AI thing. Did you see the last jobs report from the gov? It was 12K hires. It hasn't been that bad since 2020. And considering the last 17 jobs reports before it were revised down the next month, what do you think folks will do when the numbers go negative (which they will)? IBM has existed on accounting gimmicks and tax shuffle. The company is over valued. In | Nov 06 16:10 |
| schestowitz | order to keep your hot air balloon floating another 15 minutes, you will throw the burner and propane over to keep things going. IBM is in the same balloon. Whatever can be done to reduce costs and make the books look good, they will do. Keep you eye on their offices and real estate and what they are selling, ending leases, and keeping. IBM dumped property in Houston, in North Carolina, Miami, Canada, and all over in the last 24 months | Nov 06 16:10 |
| schestowitz | . Look at Dodge / Chrysler. Their parent company just sold their proving grounds in Arizona where they test their vehicles. That means R & D is going overseas. I do believe IBM is going to "Halliburton" in the next few years. | Nov 06 16:10 |
| schestowitz | " | Nov 06 16:10 |
| schestowitz | "" | Nov 06 16:10 |
| schestowitz | The layoff/offshoring strategy may come to an abrupt stop as the new USA administration comes up to speed. The reason being “the sweetness of low labor costs being enjoyed by IBM for the past decade may soon be replaced by the bitterness of a 20% + import tariff on goods and services”. Time will tell, but the echo of the 1920’s trade war are getting louder, and trade wars don’t help anyone. The new economic advisors have said th | Nov 06 16:10 |
| schestowitz | e VAT taxes imposed by trade partners are in the cross hairs. This issue has been simmering for quite a long time, and I fear it’s about to get ugly | Nov 06 16:10 |
| schestowitz | " | Nov 06 16:10 |
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