IBM could reduce its workforce by 299,000 in seven years

IBM has told Personnel Today that it could reduce its workforce from 399,000 today to 100,000 in 2017.

2017 is the planned completion date of the completion of its its HR transformation programme.

Tim Ringo, head of IBM Human Capital Management, told Personnel Today IBM would re-hire the workers as contractors for specific projects and when necessary use crowdsourcing.

He said it was only being considered at present.

“There would be no buildings costs, no pensions  and no healthcare costs, making huge savings,” he said.

Sounds like what in India is known as “The Bench.”

Join the conversation


Send me notifications when other members comment.

Please create a username to comment.

Sounds like greed to me. Just more people unemployed and those who are without benefits. (This post was changed slightly to meet editorial policy.)

A very sad inside view of IBM thinking. This is from the company that once proudly proclaimed ''respect for the individual'' but now gives the impression of managing by numbers. Ref also to the latest numerically driven banding of employees, scant regard to skills and contribution, plus the degrading of the Pwnsion plan. Thanks, A loyal IBMer.







  • How do I size a UPS unit?

    Your data center UPS sizing needs are dependent on a variety of factors. Develop configurations and determine the estimated UPS ...

  • How to enhance FTP server security

    If you still use FTP servers in your organization, use IP address whitelists, login restrictions and data encryption -- and just ...

  • 3 ways to approach cloud bursting

    With different cloud bursting techniques and tools from Amazon, Zerto, VMware and Oracle, admins can bolster cloud connections ...