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. Related Post Biggest-Ever Corporate Layoffs at IBM – To Cut more than 111,000 Jobs … Continue reading
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
The IBM (IBM) employee union Alliance@IBM is buzzing with rumors the vendor will begin a new round of layoffs today (Feb. 26) that workers fear could hit as many as 15,000 jobs worldwide. With IBM chief financial officer (CFO) Martin Schroeter on record saying the vendor will spend up to $1 billion on “workforce rebalancing,” … Continue reading
Technology giant IBM has started a restructuring process, which would see as many as 15,000 jobs being cut globally, including India, Brazil and the European region. “The estimate of jobs cut globally is 15,000,” international coordinator at the Alliance@IBM (official IBM employees union) Lee Conrad told PTI. Though the exact number of job cuts in … Continue reading
IBM plans to rebalance its workforce — corporate code for layoffs — in the first quarter, said Martin Schroeter, the company’s chief financial officer, during a conference call with analysts Tuesday. The announcement comes as the company deals with a deepening slump in its hardware division, which includes manufacturing operations in Dutchess County. Schroeter, who … Continue reading
International Business Machines Corp, the US technology giant, is cutting jobs in China after a disappointing decline in earnings. The world’s biggest computer service provider said in an e-mailed reply to China Daily on Wednesday, from its China office, that “change is constant” in the technology industry and that “transformation is an essential feature of … Continue reading
International Business Machines Corp. (IBM), the world’s largest computer-services provider, began cutting U.S. jobs today as part of a global restructuring plan announced in April, a person familiar with the move said. The reduction targets employees with a range of seniority, from rank-and-file staff to executives, said the person, who asked not to be named … Continue reading
Big Blue is reportedly prepping for layoffs. But will IBM cuts hit Research Triangle Park? Job cuts of between 1,200-1,400 employees are expected over two years in France. There is no word on whether other areas will be impacted. IBM is thought to employ 10,000 in RTP, but they have not disclosed a local headcount … Continue reading
Centre for Cities launches Cities Outlook 2012 today, which shows how cities are fairing against the backdrop of a sluggish national economy. This year the report focuses on unemployment in our largest urban areas. For this reason both the government and the work programme providers must take a varied response to the UK’s unemployment problem. … Continue reading
Hewlett-Packard It’s hard to top, or bottom, the recent mass firings by past-its-prime Silicon Valley stalwart Hewlett-Packard. The last few years have been dreadful for the computer manufacturer. Longtime CEO Carly Fiorina was shoved out the door after a disastrous merger with Compaq. Her successor Mark Hurd followed suit after a sex scandal, and his … Continue reading
IBM is to lay off dozens of workers in the UK, the company has confirmed. The confirmation followed a story in The Register, which suggested that up to 100 employees in IBM’s Strategic Outsourcing Delivery unit could be made redundant. “Change is constant in our industry and transformation is a permanent feature of our business … Continue reading
IBM has laid off more than 800 workers at locations across the U.S. in the past 24 hours, according to company sources and documents obtained by InformationWeek. Many of the cuts appear to target the company’s Global Technology Services outsourcing group. Some 183 workers were laid off in the GTS application hosting unit, 179 were … Continue reading
IBM is going through another layoff, according to a labor union trying to represent the company’s workers. The IBM Union Alliance in New York state, where IBM is based, began receiving calls and emails from IBM workers Monday morning. The layoffs are scattered across various sites and affect numerous divisions, said Lee Conrad, the union … Continue reading
Having a strong domestic manufacturing base is vital to the United States maintaining its world leadership in innovation. That is because advanced manufacturing provides an important institutional foundation for learning and developing process skills and capabilities that are increasingly intertwined with core R&D in some of the industries most important to the country’s economic future. … Continue reading