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IBM "Expected to Cut 26% of Workforce with over 111,000 Layoffs"

posted by janrinok on Monday January 26 2015, @08:06PM   Printer-friendly
from the big-iron-versus-fluffy-cloud dept.

keplr writes:

http://www.itworld.com/article/2875112/ibm-is-about-to-get-hit-with-a-massive-reorg-and-layoffs.html

From the article, "IBM is expected to go through a massive reorg next month that will reportedly see 26% of its 430,000-strong work force let go, or 111,800 people. If that figure holds true, that would make it far and away the largest corporate layoff event in history, breaking the record previously held by IBM, when it cut 60,000 in 1993."

 
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  • (Score: 0) by Anonymous Coward on Monday January 26 2015, @11:12PM

    by Anonymous Coward on Monday January 26 2015, @11:12PM (#138349)

    In just world this person would be tracked down and "held accountable".

  • (Score: 2) by isostatic on Tuesday January 27 2015, @09:41AM

    by isostatic (365) on Tuesday January 27 2015, @09:41AM (#138485) Journal

    Invisible hand!!