IBM, which announced major layoffs of more than 4,000 workers in the U.S. and another 2,800 in Canada last week, is offering redundant workers a novel compensation package. The Company will pay their relocation costs to other countries where tech is still a growth industry and jobs that fit their skills are opening up.


“IBM has established Project Match to help you locate potential job opportunities in growth markets where your skills are in demand,” IBM says in a leaked internal memo. “Should you accept a position in one of these countries, IBM offers financial assistance to offset moving costs, provides immigration support, such as visa assistance, and other support to help ease the transition of an international move.”

‘These countries’ include India, China, Mexico, Brazil, the Czech Republic, Russia, South Africa, Nigeria, and the United Arab Emirates.

And the memo makes it clear that workers who take the deal are on their own once they reach their destinations and will have to work under ‘local terms and conditions’.

While out-of-work techies with a taste for travel might line up for job opportunities in the Emirates, South Africa, Brazil or even Mexico, many of the other destinations suffer much lower standards of living than the U.S. and the jobs there pay much less than similar positions in North America.

No word as yet on how many soon-to-be-ex IBM workers will take their former employer up on the relocation offer.

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