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IBM to Lay Off Half of Global Services Division

Posted by ryuzaki0 on from the pink-slips dept.

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."

1 of 553 comments (clear)

  1. Re:Holy Outsourcing, Batman! by Anonymous Coward · · Score: 0, Offtopic
    What if the reason that they can do the same job for cheaper is because their government doesn't have protections in place that the US does, and the company is exploiting the workers? Is it the case that Google SHOULD be in China because it makes just economic sense?

    I'm sorry, but you're wrong.

    India breeds tech workers like rabbits. So does China and every other third world country where their men cannot "understand" how condoms work but will spend their life savings on Tiger Penis Soup (fuck the poor cats, they need a hardon to be a man!) or to buy Viagra (at least that saves the environment) ...

    I know I'll be mod'ed as "Flame bait" but these third world patriarchal societies that value nothing but a male hard on is destroying the planet - India, China, Indonesia, all of Africa....

    And no, there's no excuse....none!