IBM Preparing For More Layoffs and Offshoring

Photo By fireflythegreat

Well I just read the following IBM Preparing For US Layoffs in Services Unit and I'm pissed off and disgusted at how companies are using the "global recession" as an excuse to offshore more jobs.  I mean, don't they realize that maybe this is one of the factors causing this recession?  I don't think they understand that the biggest consumer of global products is the US middle class and they are killing that class.  Of course things are going to keep getting worst if companies keep taking jobs away from that middle class, obviously people are not going to have money to buy products. 

Another thing I've noticed is that some companies are using the "recession" as an excuse to lower employee salaries, but what I don't see happening is product costs going down.  Now doesn't this mean that at some point people are not going to afford buying these products?  And doesn't this mean less profit for these same companies?

I don't know but if companies want to keep making a profit, it is in their best interest to STOP OFFSHORING JOBS AND INSTEAD BRING THEM BACK TO THE US!!!

Now, don't get me wrong. I know this isn't the only thing causing this financial crisis, but it sure is one of the biggest problems.

What do you think?