Updated February 28, 2012
Layoffs at IBM continue to spread across more work groups
Research Triangle Park, N.C. —Big Blue confirms a "rebalancing" is underway. IBM workers are saying that "resource actions" - IBM terminology for layoffs - began on Monday. Alliance @ IBM, which is seeking to represent IBM employees, confirms that 12 business units are being hit with 870 job cuts. The union estimates job cuts "could build into the thousands."...
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