IBM launches new round of layoffs: at least 13,000 people

Source: Internet
Author: User
Keywords IBM layoffs
Sina Science and technology news Beijing time of February 26 morning, the IBM union ALLIANCE@IBM received news that IBM's next round of layoffs are expected to start from February 26. The job cuts were internally code-named the Apollo program, with at least 13,000 layoffs. It is not clear that, in 2014, IBM's move to "rebalance its workforce" will result in a specific number of layoffs. IBM declined to disclose the number of layoffs. But Martin Schroeter, IBM's chief financial officer, said the company planned to spend 1 billion of billions of dollars on a 2014-year layoff that could "fluctuate 100 million of dollars", and that layoffs would begin in the first quarter of the Schrott. Bernstein Tony Sakonagy, a study analyst at Toni Sacconaghi, said in a report that he estimated that IBM would "lay off at least 13,000 people worldwide". He points out that it costs about 70,000 dollars for IBM to cut off one employee. Earlier this month, it was reported that IBM had laid off more than 1200 employees in Europe and India. ALLIANCE@IBM estimates that IBM's workforce in the United States has fallen by more than 2800 in 2013. But the decline in headcount is not entirely done through layoffs, and IBM has said it plans to sell certain business units. As layoffs approached, Governor New York State announced this week that it had reached an agreement with IBM that it would maintain at least 3,100 jobs by the end of 2016, including 500 new jobs in Buffalo. However, IBM still has a lot of room for layoffs in New York State. IBM headquarters is located in New York State, is the local main employer. In addition, IBM has 7,500 employees in Dutchess County. Sources say IBM employees across the United States are currently in a tense mood. (Chu Yue)
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