Local News

IBM Lays Off 150 Workers At RTP Location

Posted July 11, 2001 10:00 a.m. EDT

— More than 100 people from the Triangle area are out of a job.

Effective immediately, IBM has laid off 150 people from its PC Division at Research Triangle Park.

IBM says cost reduction is just one of the reasons for the layoffs.

The company says it still employs about 14,000 people in the Raleigh area.