| Title | IBM "Expected to Cut 26% of Workforce with over 111,000 Layoffs" | |
| Date | Monday January 26 2015, @08:06PM | |
| Author | janrinok | |
| Topic | ||
| from the big-iron-versus-fluffy-cloud dept. | ||
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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