Top
10°

IBM quietly cuts thousands of jobs

News Leader Writes: With the recession forcing tech companies to announce thousands of layoffs, IBM Corp. is joining the fray - but not advertising it.

The Armonk, N.Y.-based company has cut thousands of jobs over the past week, including positions in sales and the software and hardware divisions. IBM says the cuts are simply part of its ongoing efforts to watch costs, and the company won't release specific numbers, even as reports of firings stream in from IBM facilities across the country.

Read Full Story >>
hosted.ap.org
The story is too old to be commented.