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Reports Coming In Of Mass IBM Layoffs Underway In The US (ieee.org)

Tekla Perry writes: Last week, IBM reported to investors that its workforce at the end of 2015 was almost as big as its workforce at the end of 2014 (within less than 1 percent), in spite of a year in which 70,000 employees left the company, to be replaced with new hires and acquisitions. Today reports are coming in that massive layoffs across the United States are underway, likely one-third of the U.S. workforce, according to one soon-to-be-laid-off-IBMer. In addition, a recent change in IBM's severance policy may leave workers with less cash than anticipated. IBM maintains that things are just business as usual, but this appears to be the day IBM Watchers have long warned about.

2 of 252 comments (clear)

  1. Re:Then who do you recommend? by Sir_Eptishous · · Score: 1, Flamebait

    Donald Trump will wave his magic wand and force all American multinationals to keep jobs in the US.

    If not Trump, then who do you recommend I vote for?

    Thats a silly question. Its your vote.

    My point is, the people who hold Trump up as some kind of populist savior for the working class are deluding themselves on an epic scale.
    Trump would not(as Obama has not) stop the flow of jobs to cheaper overseas labor.
    Trump would not be able to renegotiate trade deals(NAFTA, etc).
    Trump would not build a wall on Mexicos dime.
    Trump would not send 10 million illegal immigrants out of the US.

    These are delusions meant to impress the easily delusional.

    When presidential candidates start telling people exactly what they want to hear in grand, sweeping statements, my bullshit detection system goes off.

    --
    We play the game with the bravery of being out of range
  2. Re:Then who do you recommend? by Archangel+Michael · · Score: 0, Flamebait

    They aren't a fucking socialist community organizer from a corrupt district in Chicago, who friends our enemies, and makes enemies of our friends. But hey, he smoked dope ... and that is kinda the whole point.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.