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Analysts Call IBM Layoff Estimates "Hogwash"

Posted by ScuttleMonkey on from the only-time-will-tell dept.

jbrodkin writes "Rumors have been floating around saying IBM will cut 150,000 U.S. jobs, but a Network World story attempts to set the record straight by quoting analysts who say this news, if true, would wipe out the company's entire U.S. operations and would make no sense since IBM is actually doing pretty well."

7 of 131 comments (clear)

  1. Satirewire article: by Glowing+Fish · · Score: 2, Funny

    Who says that laying off all your employees is impossible?

    http://www.satirewire.com/news/att.shtml

    At first, I remembered this as being an onion article, but actually it wasn't. Although the onion did have:

    http://www.theonion.com/content/node/28984

    So there you go!

    --
    Hopefully I didn't put any [] around my words.
  2. Re:Depends on how you define it... by bobcat7677 · · Score: 2, Funny

    I wrestled some hogs this past weekend (covered in crisco no less) and can tell you right now: anything designated to wash hogs should be a GOOD THING!

    Maybe I am not knowing the meaning of this "hogwash" word you are using...

    For those that are wondering, it was a hog wrestling contest at a men's gathering. And yes I did get a Tshirt for doing it! :)

  3. Re:Not hogwash, not just the US by Anonymous Coward · · Score: 3, Funny

    FYI: Posting as Anonymous Coward doesn't work when you give your employer enough information to identify you indirectly.

  4. Cringley was the one to break this story by antifoidulus · · Score: 3, Funny

    and we KNOW he has never been wrong before, he's almost as accurate as Dvorak!

    --
    Monstar L
  5. Re:Lazy Americna perception... by terjeber · · Score: 4, Funny

    Neither. Shouldn't it be obvious? American Express workers are definitely the hardest workers. They are (clearly) American, and the Express in the name, well, no need to say more...

  6. Re:When have upper management decisions . . . by maxume · · Score: 2, Funny

    Just think, if IBM took $10 million and spread it among the 100,000 people they are supposedly laying off, they could pay them each $100. It would be like firing them, except they could buy some new pants.

    --
    Nerd rage is the funniest rage.
  7. Re:Not hogwash, not just the US by Anonymous Coward · · Score: 1, Funny

    Our offices here in Winnipeg (Canada) are going to be decimated...

    That's ten percent. I'm sympathetic, but it could be worse!