IBM to Layoff 13,000

HowToWeb Index
Advertising
Classifieds
Computer Center
Gadget Search
Homepage
HowToWeb Feed
HowToWeb Twitter
News Feeds List
Tech Videos
Webmaster's Corner

Twitters
Computers Twitter
Gadgets Twitter
HowToWeb Twitter
Internet Twitter
Robots Twitter
Science Twitter
Twitter List

IBM to Layoff 13,000
May 6, 2005

IBM plans to lay off 13,000 employees worldwide according to a BBC news story. The BBC reports that most of the layoffs will occur in Europe:

IBM's chief financial officer Mark Loughridge said the west European market was performing poorly so jobs would be lost in the UK, Germany, France and Italy.

He gave no figures on how many jobs would be lost in each country.

Answering questions after a conference call with analysts, he said the job cuts were new, and not "bundled" together parts of an ongoing restructuring.

blog comments powered by Disqus

The Writers Write
Lifestyle Network

Bloggers Blog
Crafters Craft
Drivers Drive
Fantasy SF Blog
Gamers Game
Health News Blog
HowToWeb.com
The IWJ Blog
Lovers Love
Media Cynic
Petosphere
Pleasant Morning Buzz
Readers Read
Science News Blog
Shopping Blog
Singers Sing
Sportsosphere
Surfers Surf
Traders Trade
Video Nacho
Watchers Watch
Workers Work
The Write News
Writer's Blog