The BBC have run this on TV already, but for those not up to speed, IBM have decided 13 000 jobs in Europe must go.[The story]Most of the job losses will be at IBM's European operations as the firm looks to focus on high-growth markets.
IBM, the world's biggest computer company, said the plans would cost between $1.3bn (£684m) and $1.7bn.
The company employs 100,000 staff in Europe, with about 25,000 of those working in the United Kingdom.