Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110K

Daily Mail ^ | 1/26/15 | Thomas Burrows

[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.

[VanDeKoik]

Big Blue is about to become Big Pink Slip.

[Doctor 2Brains]

Hope and change, mofo.... Each and every single o voter who gets laid off deserves Soooooooooooooooooooooo much. Suffer, you sub human pig filth c-ssers...

[Vendome]

“You didn’t lay that!”

[wally_bert]

The Lotus Notes/Domino division will somehow stay alive.

[Vendome]

....Off...

[SamAdams76]

Will still be a big company but the fact they had to lay off that many people at once suggests that the company was not being managed properly. The ones in charge should put their own names on top of this list.

[SkyPilot]

2015 is going to be a year of reckoning.

[Responsibility2nd]

I’ve Been Moved.

takes on a whole new and serious meaning.

[FatherofFive]

Wow.

[Veggie Todd]

Thanks liberals!

[sphinx]

So how many people does Obama need to drop out of the labor force entirely to offset this?

[raybbr]

Let’s wait and see. Could be making this announcement just to boost stock prices and then all of a sudden they’ll only need to lay off half that number.

[onyx]

B T T T ! ! ! ©

[gaijin]

Obummer will finish with lower ratings than ANY Prez in US history, if there is still a US.

[Steve_Seattle]

Once again, I read it in the foreign press first.

[Alex Murphy]

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

PFL

[xzins]

Not to worry....they can get a good job at McDonalds making minimum, and shortly Obama will raise it to $10 so they can raise a family.

[Palio di Siena]

best wishes to good ones laid off in this environment.

[proxy_user]

What proportion of their workforce is still in the US? I don’t think they have many actual worker bees left here.

Naturally, there is headquarters, but you can’t very well scrap finance and HR completely, far less the executive suite.