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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."

5 of 553 comments (clear)

  1. IBM and oppressive governments by iamacat · · Score: 0, Troll

    So don't be surprised if IBM technology is once again used for oppression. It would be perfect, for example, for keeping track of RFIDs implanted into inmates of Chinese forced labor camps. Will IBM again order their "Asian" division not to discuss such uses of technology with headquarters?

  2. And now Yahoo and Google pick up the banner... by FatSean · · Score: 1, Troll

    ...and profit by assisting oppresive governments...the world keeps a-turnin...

    --
    Blar.
  3. Ahh, for the Dehomag days... by emil · · Score: 0, Troll

    Whatever lack of corporate ethics these hooligans demonstrate today, it's nothing compared to what they did before.

    At least the workforce will still be alive when it's all over, unlike last time.

  4. job search time by mthreat · · Score: 0, Troll

    Time to use indeed.com to look for a job ...

  5. Re:It's not outsourcing, it's incompetence. by sgt_doom · · Score: 0, Troll
    Dood, you are living in candyland....the offshoring will not only continue unabated, it will likewise continue to grow. The level of the typical CEO today is even below that of the typical US general officer, which is truly pathetically low due to ever increasing corrupt selection practices over the past 26 years (in the USA).

    Saying that outsourcing (offshoring) isn't working is liking forever claiming there's some sort of "Iraq war", when anyone with an IQ above an insect realizes it is an occupation. Word up - catch a clue.....