1 posts and columns on Doug Shelton

IBM: Maybe No One Will Notice Our 2,800 Layoffs…

in News on January 27, 2009 at 4:00 am PT

If no mention of layoffs was made during IBM’s reporting of its fourth-quarter results it’s not because the company hadn’t been planning them. IBM sent layoff notices to a number of employees last week–just one day after reporting a 12 percent gain in fourth-quarter earnings and issuing an encouraging financial outlook for 2009. And according to reports, the company is eliminating about 2,800 jobs in North America–mostly in its sales and software units.