Within record profits and the admiration of the world's best in labor considerations, tell me it ain't so?!?!?!?!?!?!?!?!?
Source: Poughkeepsie Journal Staff
IBM is cutting pay by up to 10 percent for some manufacturing workers at semiconductor operations in Poughkeepsie and East Fishkill.
In January, the company will discontinue premiums for shift employees who work seven 12-hour days over a two-week period, said IBM spokesman Jeff Couture.
Reaction from an employee group, the Alliance@IBM, was quick and negative.
"People are not happy. This affects employees in manufacturing who only make $30,000 a year," said Lee Conrad, national coordinator for the Allliance, a local of the the Communications Workers of America.
A total of about 3,500 employees at plants here and in Essex Junction, Vt., would be affected, but Couture would not say how many at each facility. He would not explain why.........
The announcement comes just after two events in IBM's world. Gov.. David Paterson announced a deal to help IBM expand certain operations in New York and retain some Dutchess County jobs. Also, in Vermont, a little over a month ago, IBM announced 180 job cuts at the Essex Junction plant, dropping the employee tally to about 5,400, the lowest there in more than two decades...........
More: http://www.poughkeepsiejournal.com/a...ESS01/80806018
Just how much is the working population supposed to take from these millionaire beancounters?!?!?!??!?!?!?!?!?!?