Research Triangle Park, N.C. — Thursday will be a bleak one for Big Blue workers, according to The Wall Street Journal and Alliance@IBM, the union seeking to represent IBM workers.
In RTP, some 300 people will be cut as part of what IBM (NYSE: IBM) calls a “resource action,” Alliance@IBM has been told. The union is already labeling March 26 as “Black Thursday.”
“Rumor of 4,000 being fired,” Alliance@IBM coordinator Lee Conrad told Local Tech Wire and WRAL.com. “Off-shoring jobs,” he added.
A comment section at the union Web site also contains numerous posts warning about layoffs. The comments are from people who say they work at IBM. IBM employs some 11,000 people in RTP, one of its largest employee campuses in the world.
The Journal reported Wednesday afternoon that IBM is cutting jobs in the global businesses services, or GBS, unit in the U.S. and the responsibilities will be shifted overseas, including India. The GBS unit is IBM’s largest with some 180,000 employees.
As the newspaper noted, IBM is off-shoring jobs despite a 12 percent increase in profits in the fourth quarter to more than $4.4 billion despite the global recession. IBM also has forecast revenue growth for 2009.
Various media outlets also have reported recently that IBM could acquire rival Sun Microsystems in a deal worth some $8 billion.
The newspaper cited a “person familiar with the situation.”
IBM seldom announces or confirms layoffs.
Big Blue, which recently cut thousands of jobs in its software, sales, semiconductor and finance work groups, reduced its U.S. work force by 6,000 while adding 18,000 jobs overseas in 2008. Of nearly 400,000 employees, some 115,000 are based in the U.S.
IBM declined comment about the rumors, according to the Journal.
“IBM managers have been receiving training from human-resources specialists on handling the layoffs, according to one manager involved in the process,” the newspaper said.
Report: More layoffs planned at IBM
Copyright 2009 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
44 Comments
-
- Couple survives fiery, small-plane crash in horse pasture
Updated at 6:19 p.m. | Slideshow |
- Sun to return for Thanksgiving Day
Updated at 5:25 p.m. | Slideshow |
- Some programs for unemployed, homeless reach capacity
Updated at 6:52 p.m. |
- Charities make giving high-tech
Updated at 6:51 p.m. |
- Cary police: Drunken man slams van after hot dog dispute
Updated at 6:05 p.m. |
- Couple survives fiery, small-plane crash in horse pasture
-
- Tight economy forces some to stay home for holiday
Updated 11 minutes ago - Mom of teen set on fire: Son focused on recovery
Updated at 12:36 p.m. - Year after NY stampede, Black Friday gets makeover
Updated at 5:21 p.m. - Ex-CNN host Lou Dobbs weighs Senate run in New Jersey
Updated at 5:15 p.m. - Vicki Kennedy describes husband's cancer battle
Updated at 5:15 p.m. |
- Tight economy forces some to stay home for holiday
Market Watch
| Resumes and Cover Letter Tips |
| Interviewing Tips |
advertisement





Welcome to GOLO, where WRAL.com visitors can comment on stories and create profile pages, blogs and photo galleries.
You must be a registered WRAL.com user to use these tools. Click here to register or log in.