IBM laying off workers as high profits are posted

Research Triangle Park, N.C. — Less than 24 hours after IBM reported profits that far exceeded Wall Street expectations, Big Blue began a series of layoffs across the company in North America on Wednesday.

There have been rumors of layoffs hitting as many as 16,000 – a number predicted by one Wall Street analyst, the union and some IBM employees…

IBM begins layoffs, won’t say how many

About Anton Piatek

Professional bit herder, amateur photographer. Linux and tech geek
This entry was posted in IBM and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.