IBM Layoffs Not As Dramatic As Rumored
February 9, 2015 Timothy Prickett Morgan
It is the beginning of a new year and this is the traditional time for IBM, which reported its financial results for the fourth quarter a few weeks ago, to do what it calls “workload rebalancing” or initiate “resource actions.” Those are euphemisms for employee layoffs, which have varying effects on IBM i shops. Some years, like last year, the Power Systems business takes some hits, in other years, different parts of Big Blue do. Last year at this time, IBM set aside $1 billion for layoffs, which affected between 13,000 and 15,000 of its worldwide employee base of |