25 Jun '13, 5pm

Hidden IBM job cuts... More than 70K US jobs shed over ten years

Reports of IBM initiating a new round of layoffs have been intensifying in recent days. According to the IBM employee group [email protected], as of late afternoon Friday (June 14), the total number of jobs that had been reported eliminated totaled nearly 2,300. According to the [email protected] website, http://www.endicottalliance.org/ , some 500 of the jobs that have known to have been eliminated have been from the Systems and Technology Group, IBM's hardware division, which includes not only the company's microelectronics activities but also servers, storage systems and other hardware. The Bloomberg news service, citing [email protected], reported Thursda y that the layoffs that had been reported so far included at least 165 semiconductor R&D jobs. But that total is all but certain to climb. Lee Conrad, the administrator of [email protected], said the group has seen analyst reports specul...

Full article: http://www.eetimes.com/electronics-blogs/engineering-job-...

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