Monday, 7 November 2016

IBM moved jobs to India

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Republican presidential nominee Donald Trump today accused US tech giant IBM of laying off 500 workers in Minneapolis and shifting their jobs to India and other countries as he warned of levying a 35 per cent tax on companies doing so if he is elected. "IBM laid off 500 workers in Minneapolis and moved their jobs to India and other countries. A Trump administration will stop the jobs from leaving America, and we will stop the jobs from leaving Minnesota," Trump said in his speech yesterday in Minneapolis, as part of efforts to woo voters in Minnesota state which has been a Democrat stronghold. 

 

"If a company wants to leave Minnesota, fire their workers and move to another country and then ship their products back into the United States, we will make them pay a 35 per cent tax. We will also unleash American energy including shale oil, natural gas and clean coal," he said.

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