More staff fired
Biggish Blue is getting even smaller with the announcement that it has fired 1100 workers in North America this week.
Lee Conrad, national coordinator at Alliance(at)IBM, said that employees are reporting that the cuts have been made across business segments in the US and some parts of Canada. Alliance(at)IBM, which is affiliated with the Communication Workers of America, is not recognized by IBM and Big Blue has not given any comment.
IBM is still the world's largest computer-services provider. It employed 433,362 worldwide as of December 31, according to regulatory filings. The layoffs are surprising after IBM reported in January that its fourth-quarter earnings rose to beat expectations on stronger revenue and improved margins. For all of 2011, IBM earned $15.86 billion.