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IBM Lays Off 2,500 Employees
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This news was grabbed by 'Shweta Dhadiwal' on 6/3/2010
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IBM cut over 2,500 jobs, according to IBM union. The union said, "Once again, the company they toiled for turned its back on them and showed them the door and the unemployment line". Last year, about 10,400 employees lost their jobs, many US-based workers were shifted offshore to India and other locations. While IBM maintains a studied silence, one of the IBM spokespersons said in an e-mail that they are re-mixing the business to remain competitive. IBM is still the largest tech employer in the world and the US, based on available data and we expect that will continue said the e-mail, mentions EETimes.
Click here to read the full story
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Shweta Dhadiwal, EFYTIMES News Network
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