IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26% of its workforce, which would represent its biggest-ever layoffs.
via IBM dismisses Forbes report of massive layoffs | News | Tech | Toronto Sun.
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Biggest-Ever Corporate Layoffs at IBM – To Cut more than 111,000 Jobs
IBM is set to announce the largest round of corporate layoffs in history, culling 26 percent of its worldwide staff, or more than 111,000 people, beginning as early as this week, according to a report. The cuts are part of a reorganisation plan called “Project Chrome” that has been rumoured for several weeks, and which … Continue reading



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