IBM's work force drops by 50,000 in 2014 under reboot -TechWire Insider

Updated Feb. 25, 2015 at 9:47 a.m.

IBM's work force drops by 50,000 in 2014 under reboot

IBM layoffs

By RICK SMITH, WRAL TechWire Editor

Research Triangle Park, N.C. — IBM's reboot as a company to focus more on cloud computing and software under top executive Ginni Rometty led to a massive reduction of its global work force in 2014. According to a filing with the SEC, Big Blue says it reduced headcount by more than 12 percent to under 380,000 from 431,000. The cuts came primarily through the sale of business groups such as the x86 server unit based in Raleigh to Lenovo. IBM says more change is coming in a "remix" of skills and resources....