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Layoffs at Microsoft, Intel, and IBM

Posted by ryuzaki0 on from the that's-a-lot-of-pink dept.

Normally I try to avoid posting straight business news, but I think that these 3 stories combine to something meaningful. Muleguy noted Microsoft is laying off 5,000, Mspangler reports that Intel is cutting 5-6k, while nonyabidness afraid4myjob submitted that IBM Layoffs have begun with no number, but estimates as high as 16,000.

3 of 623 comments (clear)

  1. Re:WTF is up with IBM? by SatanicPuppy · · Score: 5, Informative

    I don't know about Intel or Microsoft, but IBM is at a 20 year high for employment; the highest since it dropped 150k workers in the 90's.

    Even though they managed to pull some solid growth last year, they're on the heavy side for a significant down turn. For a company that deals in services and hardware, it'd be shortsighted not to tighten up a bit.

    Still, no fun. I sympathize with the workers over there. (Before anyone starts calling me heartless; I work for a newspaper company. My department has lost almost 70% of it's staff in the last 3 years. )

    --
    ad logicam Claiming a proposition is false because it was presented as the conclusion of a fallacious argument.
  2. Steve Ballmer's memo to employees by smooth+wombat · · Score: 5, Informative

    Here is a link to the entire memo Steve sent to employees regarding the layoffs.

    No, it's not my blog nor am I affiliated in any way with the site.

    --
    We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
  3. Sun also had layoffs today by Anonymous Coward · · Score: 5, Informative

    15% layoff - or in that figure. We've known about it for months, coming, too. Today is the "notification day" for many Sun employees, too ;(