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IBM to Lay Off Half of Global Services Division
Rolgar writes "Cringely says that IBM has begun massive layoffs in a quiet manner, starting with 1300 employees, but by the end of the year, the total will rise to at least 100,000 and probably closer to 150,000 employees, nearly 40% of their U.S. workforce. Some people will be temporarily retained as contractors at a fraction of their salary, and eventually, IBM will also dump many of the unprofitable customer contracts worked on by Global Services or outsource the work to Asia. If these people are looking for work, that could seriously drop wages for technical workers in the US since they will have to compete with these people for available jobs."
Yep. I'm not going to believe it until Dvorak writes an article about it.
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(from inside my IBM cubefarm)
Save the Music; Save the World at http://www.TuneTriever.com (Our latest Android game)
...SCO will hire y'all with the cash they win from your former employer.
Anybody want a peanut?
Global stuff. You know. Like... increasing productivity through outside-the-box thinking and a fundamental paradigm shift.
>They treat the employees like cattle (presumably like they do in India) and have little to no benefits.
At least it is a country that worship cows...
It would be bad if they treat employees like cattles in Texas.
What, like my Indian ex-co-worker who bit into a piece of prime rib and said "mmmm.... god"?
Moving forward, they leverage their intellectual capital in conjunction with the synergistic core competencies of a highly mobile workforce of motivated resources to manage global diversification, decentralize initiatives, and reduce inventory turnover in an increasingly risk averse marketplace. They operate on the principles of a paradigm shift away from participative management towards actionable strategic alliances. Quite intuitive, really...
http://www.bynarystudio.com
or train them wrong.
I spent rwo weeks training my replacment how to write USB firmware...it's a shame we didn't do that.
The Kruger Dunning explains most post on
But there is a 60% probability that in his article Dvorak will recommend that Apple be bought or do the buying.
Unless he has already written that article this month. In which case, the probability drops to 40%.
Rich And Stupid is not so bad as Working For Rich And Stupid.