Gservo
10th May 2002, 02:24 PM
BM US will offload as many as 8,000 people, or around 2.5 per cent of its workforce, during the current quarter.
Citing unnamed sources, The Wall Street Journal reports the planned redundancies exclude the transfer of an estimated 17,000 workers to a hard-disc drive joint venture with Hitachi. Talks on the form of this joint venture remain ongoing.
IBM declined to comment on reports that as many as one in ten of its 160,000 US employees could receive pink slips.
Earlier this month, The Register exclusively reported that IBM wants to shed 1,000 workers in the UK. IBM has asked for volunteers to accept voluntary redundancies offering a less than generous package worth two weeks salary per year of service.
More here (http://www.theregister.co.uk/content/7/25235.html)
Citing unnamed sources, The Wall Street Journal reports the planned redundancies exclude the transfer of an estimated 17,000 workers to a hard-disc drive joint venture with Hitachi. Talks on the form of this joint venture remain ongoing.
IBM declined to comment on reports that as many as one in ten of its 160,000 US employees could receive pink slips.
Earlier this month, The Register exclusively reported that IBM wants to shed 1,000 workers in the UK. IBM has asked for volunteers to accept voluntary redundancies offering a less than generous package worth two weeks salary per year of service.
More here (http://www.theregister.co.uk/content/7/25235.html)