Rumors Rage Regarding IBM Layoffs

Word on the grapevine is IBM has become the latest company to lay off staff in light of the weakening economy. ZDNet reports, citing several tips as well as comments from the IBM Employees Union Website Alliance@IBM, that the company could be about to lay off a substantial amount of people. The Alliance website today displays the message, “IBM JOB CUTS ARE HAPPENING in SWG and Sales and Distribution in the US and Canada 1/21/2009!”

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Jane McEntegart
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Jane McEntegart is a writer, editor, and marketing communications professional with 17 years of experience in the technology industry. She has written about a wide range of technology topics, including smartphones, tablets, and game consoles. Her articles have been published in Tom's Guide, Tom's Hardware, MobileSyrup, and Edge Up.

  • Pei-chen
    10% is around 38,000 people.
    Reply
  • antilycus
    screw that, get rid of the least productive...oh wait, that would mean management would actually have to do their job and hold people accountable. nevermind...
    Reply
  • m3kt3k
    Antilycus Your right on. My father was hit years ago in the first round. 26Years there. they letgo all the Senior LINE people not managment. Your right less managment would have been good but what they did was Ax the people who made tomuch and hire temps. Living in a small state with 6000people working at IBM this will not be good.
    Reply
  • they can't be laying off that many people or they would have had to file it publicly. mass layoffs are a big deal when it comes to disclosure.
    Reply