More IBM Layoffs Coming?

Even as it is in talks to acquire Sun Microsystems, it is looking increasingly like IBM is set to announce another round of layoffs. Layoffs are expected in the IBM Global Business Services group and the Global Technology Services group, among possible others.

Even as it is in talks to acquire Sun Microsystems, it is looking increasingly like IBM is set to announce another round of layoffs.

The Wall Street Journal reported on March 25 that IBM "is expected to inform a large number of U.S. employees in its global-business services unit that their jobs are being eliminated, with the work of many of them being transferred to IBM employees in India..."

And according to the Alliance@IBM, an organization promoting the unionization of IBM employees, IBM is planning to cut several jobs on March 26 in such locations as Denver and Hartford, Conn., particularly regarding a services contract supporting The Hartford insurance company.

Source: http://www.eweek.com/c/a/IT-Infrastructure/More-IBM-Layoffs-Coming-608504/