IBM laying off 1000 workers

IBM laying off 1000 workers
IBM has laid off 1000 employees, and that may just be the beginning.

The company does not comment on specifics, but Alliance@IBM/CWA Local 1701, the union that gathers data and comments directly from IBM employees has mentioned that the 1000 may not be the end of the cuts.

Employees were from multiple businesses and locations and half of those fired "are mobile or work from home."

IBM commented: "We are constantly rebalancing our workforce. That means reducing in some areas and hiring in others -- based on shifts in technology and client demand. This flexibility allows IBM to remain competitive and relevant in an industry that is constantly changing. And given the competitive nature of our business, we do not publicly discuss the details of our staffing plans."

The company has sifted its workforce globally and there have been steady layoffs in the U.S. since 2007. That year, the company had 121,000 employees and that number has fallen to about 98,000 as of today. Globally, the company has 425,000 employees.

Written by: Andre Yoskowitz @ 28 Feb 2012 14:34
IBM Layoff cuts
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  • megadunderhead

    Well this doesn't surprise me at all.

    1. lets sell the thinkpad division to lenovo big mistake now lenovo is making three times more then ibm ever did

    so it doesn't surprise me at all with stupid people comes stupid decisions

    28.2.2012 19:15 #1

  • Jeffrey_P

    In the day IBM'ers wore pin striped suits and were guaranteed no layoffs.

    Now, you are not labeled as a, "permanent employee." It is now called a FTE (full time employee.) because of possible legal issues.

    Welcome to the 21st century.

    Sucks to be a youngster.


    Cars, Guitars & Radiation.

    28.2.2012 22:06 #2

  • asilay328

    IBM is actually still incredibly profitable, they just got out of the consumer hardware market, they sell to almost every major business with servers, software, and support.

    1.3.2012 17:12 #3

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