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Thread: IBM to axe 13,000 jobs worldwide

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    IBM to axe 13,000 jobs worldwide

    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.
    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.
    [The story]
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    That is a lot of people it is letting go in one shot! What are all those jobs going to our more productive Indian brethren or what? Mind you I am Indian as well! But seriously when is this gonna stop?!

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