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To: blam

Not to mention the humongous IBM layoffs and other employee reductions already announced to take effect almost immediately.

“A report in Forbes on Thursday said the company was preparing to cut its workforce by 26%, which would amount to the largest workforce reductions in IBM’s history and affect more than 100,000 employees.”

http://www.wsj.com/articles/ibm-dismisses-report-of-massive-layoffs-1422289059


7 posted on 01/27/2015 7:48:16 AM PST by Iron Munro ("Alcohol, Tobacco and Firearms - Open Up!" "Must be another UPS delivery, honey.")
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To: Iron Munro

“A report in Forbes on Thursday said the company was preparing to cut its workforce by 26%, which would amount to the largest workforce reductions in IBM’s history and affect more than 100,000 employees.”

Yes, but ironically this move will likely make IBM stock go up.


12 posted on 01/27/2015 8:03:07 AM PST by pieceofthepuzzle
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To: Iron Munro

The strong dollar makes outsourcing even more attractive.


14 posted on 01/27/2015 8:19:55 AM PST by monocle
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