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IBM Layoffs Continue

Accepted submission by takyon at 2016-05-21 12:20:28
Business

IBM's job cuts are now expected to affect at least 14,000 employees [marketwatch.com]:

International Business Machines Corp. this week quietly laid off employees, continuing a wave of job cuts the company announced in April. IBM declined to say how many jobs would be cut overall. The total layoffs could affect more than 14,000 jobs, according to an estimate by Stanford Bernstein analyst Toni Sacconaghi.

[...] The company said on Friday it had more than 20,000 open positions. Two employees reached Friday said that IBM's internal job-search tool listed between 7,000 and 8,000 open positions.

Also at WRAL TechWire [wraltechwire.com], The Register [theregister.co.uk], and InformationWeek [informationweek.com].


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