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Breaking - IBM massive job cuts

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bluesheart

Posts : 148
Join date : 2014-12-20
20150127

Breaking - IBM massive job cuts

Post by bluesheart

The biggest corporate lay-off in history is expected within days


IBM believed to be scrapping 110,000 of its 430,000 workforce around the world, in the UK 5,000 jobs could be scrapped within days.

To date this will now be 10,000 jobs lost and yet unemployment is down and growth at its fastest and yet the economy has now slowed, something just doesn't add up here.

Are the UK coalition cooking books to get brownie points for the upcoming elections?

Thousands of British jobs are at risk as technology giant IBM is reported to be preparing to cut a quarter of its workforce in the biggest corporate staff cull in history.

More than 110,000 jobs could disappear worldwide in a major restructuring at the once-dominant computing goliath – nicknamed ‘Big Blue’.

Some 20,000 are employed by the company in the UK across 24 offices, including sites in Portsmouth, London, Manchester and Edinburgh.






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