IBM laid off 15,600 in second quarter

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IBM laid off 15,600 in second quarter

Layoffs at IBM now total just over 15,600 staff, in the second quarter of this year, the company said.

IBM's Global Services unit took the brunt of the hit, with 14,213 people losing their jobs.

The company also announced the loss of 1,400 jobs at its microelectronics division, of which the majority will leave by the end of August.

IBM recorded a pre-tax charge of $767m (£498m) relating to layoffs during the quarter.

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