Wednesday, December 14, 2016
IBM boss promises 25,000 new American workers during Trump's first term on eve of summit with tech bosses at Tower
- IBM boss Ginni Rometty has penned an op-ed ahead of a tech summit with Donald Trump
- She says her firm will hire 25,000 people in four years and spent $1 billion on training
- Execs from Google, Facebook, Apple, Amazon and other tech companies have been invited to join the parade of visitors to Trump Tower
- Trump to be represented by venture capitalist Peter Thiel, one of the industry's few high-level Trump backers; he's on the board of Facebook
- Apple's Tim Cook plans to come, and Amazon's Jeff Bezos is coming, too
- Cook hosted a million-dollar fundraiser for Hillary Clinton in Los Angeles last August; Bezos owns the Washington Post and has tussled with Trump
- Trump said he held post-election phone calls with execs from Apple and Microsoft
By Geoff Earle, Deputy U.s. Political Editor For Dailymail.com and Francesca Chambers, White House Correspondent For Dailymail.com
The head of IBM is getting in good with President-elect Donald Trump with a pledge to hire 25,000 Americans during his administration in advance of a tech summit at Trump Tower on Monday.
'At IBM alone, we have thousands of open positions at any given moment, and we intend to hire about 25,000 professionals in the next four years in the United States, 6,000 of those in 2017,' write CEO Ginni Rometty in USA Today.
'IBM will also invest $1 billion in training and development of our U.S. employees in the next four years.'
She made a pitch for 'new collar' jobs, adding, 'We are hiring because the nature of work is evolving – and that is also why so many of these jobs remain hard to fill.'
'As industries from manufacturing to agriculture are reshaped by data science and cloud computing, jobs are being created that demand new skills – which in turn requires new approaches to education, training and recruiting.'
IBM CEO Ginni Rommetty is promising to hire 25,000 people over four years, as she prepares to attend a tech summit at Trump Tower
Her hiring push also sets up a contrast with Apple, a firm Trump has goaded for its production of key products in China and other locales. She called for investments in technical education and other education reforms.
After Trump's election, Rometty wrote a letter pledging to 'achieve the aspiration you articulated and that can advance a national agenda in a time of profound change,' Politico noted.
Trump also added Rometty to his advisory group that he calls his Strategic and Policy Forum.
IBM also has been cutting jobs in recent years, as Fortune noted in one report.
'As part of the Technology CEO Council of which I am a member, we will prepare an updated set of recommendations for how you could use technology and fraud analytics to save the government more than $1 trillion,' she wrote in her post-election letter.
Trump has already drawn controversy for his efforts to push employers to keep jobs here, including his effort to save about 700 jobs at a Carrier plant in Indiana, a move that provided a big PR boost but also is expected to cost about $7 million in incentives.
Trump has also done battle with Boeing over Twitter over the $4.2 billion price tag for a replacement for Air Force One.
Tech giants are headed to New York for a pow-wow on Wednesday with Donald Trump's transition team.
Jason Miller, a spokesman for Trump, said Monday 'some very big-league names' are coming to the president-elect's summit for industry leaders at Trump Tower.
Amazon's Jeff Bezos and Apple's Tim Cook will join the pilgrimage to Trump's New York City headquarters, Yahoo News reports.
So will Facebook's Sheryl Sandberg, Google co-founder Larry Page and Erick Schmidt, chairman of Google's parent company, Alphabet. Oracle co-CEO Safra Catz and Cisco CEO Chuck Robbins have confirmed their participation.
Cook hosted a million-dollar fundraiser for Hillary Clinton in Los Angeles last August. Bezos owns the Washington Post and has tussled with Trump.
Australia looks set to follow in the footsteps of Venezuela and India by abolishing the country’s highest-denomination banknote in a bid to crack down on the “black economy”.