Home > Current Events > Are IBM and the likes slowly ‘detaching’ from the US?

Are IBM and the likes slowly ‘detaching’ from the US?

“Companies that once were icons of American power—like IBM and General Motors—will thrive only if they become more wedded to the world and less to the U.S.

Thousands of IBM employees have recently been offered a choice between losing their jobs in America or moving abroad to stay employed.

GM itself is a perfect example of what works and what doesn’t, with a U.S. division that failed and a Chinese division that is wildly successful.

Companies like Intel and Microsoft are investing billions in R&D facilities in China because they believe that is where their future is.”

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