Saturday, January 31, 2009

IBM: 2 rounds of layoffs in 6 days


IBM has had two rounds of layoffs within the past two weeks, a company spokesman said.

“We did this last week on the 21st and today,” said IBM spokesman Doug Shelton, referring to the layoffs.

Shelton would not comment on how many IBM employees were laid off, what departments they worked in and where they were located.

Published reports say IBM cut 2,800 jobs in sales and software. On Wednesday, the state Department of Labor's Office of Dislocated Workers Program received a notice from IBM that 274 of the workers were in IBM's East Fishkill plant. The reason the company gave for the cuts, which are scheduled for April 27, was "economic."

“I can confirm that managers have begun discussions with some employees in North America about the need to remix our skills and people need based on what our client needs are,” Shelton said. “That will result in some job eliminations. Those employees that are affected have the opportunity to look elsewhere within IBM for jobs that might match their skills or interests.”

He declined to locate where IBM is hiring. IBM has 386,558 employees.

The company last week reported record fourth quarter earnings of $4.4 billion, or $3.28 a share, despite a 6.5% revenue drop to $27 billion.

The Armonk, N.Y.-based company (NYSE: IBM) conducts research at the state University at Albany’s College of Nanoscale Science and Engineering.

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