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Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110K
Daily Mail ^ | 1/26/15 | Thomas Burrows

Posted on 01/26/2015 3:41:54 PM PST by Libloather

Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110,000 of its 430,000 workforce around the world

IBM is preparing to scrap 110,000 of its global 430,000 workforce in the biggest corporate cull in the computer giant's history, a report has revealed.

The company will make the job cuts this week under a plan known internally as 'project chrome', according to US technology blogger Robert Cringely on Forbes website.

IBM is in the process of layoffs, as disclosed in its latest earnings report last week but said the number of job losses was significantly fewer than had been claimed.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: business; corporate; economy; history; ibm; layoffs; projectchrome; robertcringely; workforce
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To: 2111USMC

81 posted on 01/26/2015 5:25:06 PM PST by mylife
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To: gaijin

Unfortunately, I think that will not be true. The low information voters will always exist.


82 posted on 01/26/2015 5:26:54 PM PST by jrestrepo (See you all in Galt's gulch)
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To: sphinx

Going to be a couple of “unexpected” Thursday’s coming up I bet.


83 posted on 01/26/2015 5:32:14 PM PST by skimbell
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To: Libloather

Unbelievable.


84 posted on 01/26/2015 5:32:20 PM PST by CPT Clay (Follow me on Twitter @Clay N TX)
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To: Oliviaforever

AHHHHH!!! That was my first computer and I paid that much! lol


85 posted on 01/26/2015 5:36:02 PM PST by US_MilitaryRules (The last suit you wear has no pockets!)
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To: Steve_Seattle
Once again, I read it in the foreign press first.

You must have missed it in CNN and Forbes.

86 posted on 01/26/2015 5:38:53 PM PST by DoodleDawg
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To: Texicanus
For all I know, maybe the guy taking the order was Scottish.

Try the McHaggis. It's on the dollar menu this month!

87 posted on 01/26/2015 5:54:46 PM PST by Alas Babylon!
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To: null and void
BZZZZZZZZZZZZZZZZZZZ!!!!!!!!!!!

SORRY, WRONG ANSWER!
(but thanks for playing!)

88 posted on 01/26/2015 5:58:08 PM PST by Dubh_Ghlase
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To: wally_bert
The Lotus Notes/Domino division will somehow stay alive.

Only because that's the most worthless POS product they have.

89 posted on 01/26/2015 5:59:37 PM PST by grobdriver (Where is Wilson Blair when you need him?)
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To: mylife
No matter what anyone thinks of Microsoft, EXCEL is fantastic.

Agreed. For a small office, Excel can be made to cover a great many functions provided you get into the VB programming. I used to do things for my office that made less computer savvy people think I was some kind of genius.
90 posted on 01/26/2015 6:19:14 PM PST by fr_freak
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To: fr_freak

Looks like they’ll need all those foreign IT workers since there aren’t enough qualified American tech workers.


91 posted on 01/26/2015 6:26:22 PM PST by petenmi
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To: wally_bert
"In this era of crystal clear (usually) voice communications from nearly one end of the earth to the other, why just about every drive through intercom sounds like bad drive in movie audio?"

Because, no matter where the drive-thru is, they're taking your order in Chicago.

92 posted on 01/26/2015 6:43:48 PM PST by MV=PY (The Magic Question: Who's paying for it?)
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To: SamAdams76

Maybe if they’d spent available dough on R&D instead of stock repurchases and dividends?


93 posted on 01/26/2015 6:48:28 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Libloather

94 posted on 01/26/2015 7:01:25 PM PST by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not A Matter of Opinion)
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To: VanDeKoik

They sure need to fire all the developers that worked making Windows as poor as it is


95 posted on 01/26/2015 7:25:11 PM PST by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: mylife
Thank God in Heaven, I started a new job today after a year of no income.

Congrats!

96 posted on 01/26/2015 8:53:50 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: mylife
I started a new job today

Hey, now there's some good news. Good going, partner. I'm glad to hear you landed something.

97 posted on 01/26/2015 9:35:04 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Libloather

#Smarterplanet


98 posted on 01/26/2015 9:38:37 PM PST by aposiopetic
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To: George from New England
Anyone want to venture a guess?

Don't tell me you're still using Lotus 1-2-3?

I haven't had it installed on any of our computers for a dog's age now, but way back when we were first in business, I used a template in Lotus to design our invoices and proposal forms.

I became so attached to the look of that form, that I later rebuilt it in MS Word. I still use it to this day.

99 posted on 01/26/2015 9:40:17 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: wally_bert; mylife

EXCEL is great but the real genius was VisiCalc ,, the basis for Excel and ALL the other spreadsheets.... IBM failed to patent/copyright it ,, “it was too obvious” to patent....

I had VisiCalc on 5.25”ers....


100 posted on 01/26/2015 9:45:16 PM PST by Neidermeyer ("Our courts should not be collection agencies for crooks." — John Waihee, Governor of Hawaii, 1986-)
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