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IBM Begins US Layoffs

2/27/2014 08:24 PM EST
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zewde yeraswork
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Re: New order ?
zewde yeraswork   2/28/2014 9:49:41 AM
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We shouldn't make the mistake of thinking this is a transformation that afffects the United States more than other parts of the world--even if IBM is using terms such as "rebalancing." Obviously, they have already trimmed 1000 jobs from India. It'll be interesting to follow just how many jobs are cut outside of the US compared to within the US, in order to track the ongoing trend of out-sourcing and its impact on such large-scale contractions.

zewde yeraswork
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Re: New order ?
zewde yeraswork   2/28/2014 9:46:00 AM
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IBM has been relatively resilient in the face of the rise of the new IT giants and the economic crisis of a few years ago. Now this seems like a delayed moment of restructuring and contraction--one that is reflective of their strategy more than any bigger trends in the industry. They have moved from being a hardware company to more of a software provider and that leaves a lot of people out of the loop. The cuts began last year actually, but they are intensifying.

prabhakar_deosthali
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New order ?
prabhakar_deosthali   2/28/2014 4:47:04 AM
Withe the rise of the new IT giants like Google, the old order which was ruling the computer and associated technology world -like IBM, HP , Sony is now looking like  falling apart.

wilber_xbox
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Re: Sad
wilber_xbox   2/28/2014 3:31:48 AM
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True but someone who has been long in IBM has already been institutionalized and switching over to another job role or work culture is a big shock. 

wilber_xbox
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Re: Sad
wilber_xbox   2/28/2014 3:30:22 AM
I would say greedy executives saving skins for their leadership failure.

AZskibum
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Re: Sad
AZskibum   2/28/2014 12:55:00 AM
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Another shrinking American tech icon? I hope not.

LarryM99
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Re: Sad
LarryM99   2/27/2014 11:09:13 PM
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Indeed. We got a resume just today from someone who had been with IBM for a number of years. All that I can offer to them is that they are going into a healthier job market for tech than has been seen for quite a while.

daleste
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CEO
Sad
daleste   2/27/2014 9:49:07 PM
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Sad to see IBM having to have such a large layoff.  It has been the company that was the benchmark for not allowing layoffs.  Hope the best for all of the workers that are affected.

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