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 ...
The H1Bs will no doubt be spared. After the bloodletting, how many more will “magically” appear and be immediately needed?
http://money.cnn.com/2015/01/26/technology/ibm-layoffs/
IBM is denying, but does say there will be some. I think Bloomberg says 10K
Maybe they can use that knowledge in their new jobs at Mickey D's.
BTW. Worked one day for them and resigned.
ABCNBCCBSCNNMSLSDNYTLAT reporting this in 3...2...1...
IBM or MickeyD’s?
Very interesting the whack a mole, er, IBMer is called Project Chrome.
Is it named after Google’s Chrome which may be eating IE’s lunch.
One would think IBM could sell lot of these at $2500 a copy.
25% of the workforce?
A minor blip on the road to a thriving economy /s
Burlington Vermont is still a big operation. Fishkill ny is a ghost town.
Is Lotus Notes still around?
Mixing Lotus Notes and fast food could not end well.....
Imagine running a cash register with a Notes mentality. Replication, location management, corrupt or missing ID file, bad .INI’s, local versus network, turn on different advanced menus to every common function. The list of disasters is endless.
The good news is that the unemployment numbers will go down!
Thank God in Heaven, I started a new job today after a year of no income.
zer0 will but them all on welfare so it doesn't show up on the unemployment stats.
They revolutionized the world.
For a while.
In my case very much but it’s days are numbered.
Notes on citrix clients isn’t too bad but on a laptop with all the custom modifications to make it work is often another story.
Supporting notes has been an eye opening experience. Nothing I’ve run into begins to compare to it in terms of being awful and seemingly badly designed and made worse.
“The Crisis is Over.”
Both sites were sold to GlobalFoundries. They are waiting regulatory approval for the deal to be final. I work at BTV and can't wait for the deal to go through.
No matter what anyone thinks of Microsoft, EXCEL is fantastic.
Power to the people!
I have to give Excel it’s due. It is a really great piece of software. I wished I was an Excel guru but I work around a few.
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