Today's Hard|Forum Post
Today's Hard|Forum Post

Monday January 26, 2015

IBM Dismisses Report of Massive Layoffs

IBM doesn't seem very happy about the WSJ claiming that the tech giant planned on laying off more than 100,000 employees. An IBM company spokesman had this to say:

IBM does not comment on rumors, even ridiculous or baseless ones. If anyone had checked information readily available from our public earnings statements, or had simply asked us, they would know that IBM has already announced the company has just taken a $600 million charge for workforce rebalancing. This equates to several thousand people, a mere fraction of what’s been reported.