IBM cuts 1,500 more staff

IBM has cut another 1,500 jobs across its business, according to the latest figures released by trade union Alliance@IBM.

According...

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IBM has cut another 1,500 jobs across its business, according to the latest figures released by trade union Alliance@IBM.

According to Associated Press, the figure comes from the number of documents submitted to the union, which represents IBM staff, in regard to redundancies.

IBM, which has about 400,000 staff, has been gradually reducing its workforce, set itself a $3bn cost-cutting target in March 2009. IBM has also transferred US jobs to lower-cost locations such as India.

"We know other cuts are going on and employees are losing their jobs to offshored locations, but we do not have the numbers and IBM is staying in secret mode," Lee Conrad, Alliance@IBM national co-ordinator, told Computer Weekly in August last year.

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