IBM layoffs coming back????

Thursday, March 26, 2009

IBM is all set to shock the world again with next round of layoff's. Even as IBM is in talks to acuire SUN microsystems still they are expected to annouce the layoffs.Layoffs are expected in the IBM Global Business Services group and the Global Technology Services group, among possible others.

The Wall Street Journal reported on March 25 that IBM "is expected to inform a large number of U.S. employees in its Global Business Services unit that their jobs are being eliminated, with the work of many of them being transferred to IBM employees in India ..."

And according to the Alliance@IBM, an organization promoting the unionization of IBM employees, IBM is planning to cut several jobs on March 26 in locations including Denver and Hartford, Conn., particularly regarding a services contract supporting insurance company The Hartford Financial Services Group.

IBM already has laid off nearly 5,000 workers since 2008. Yet the company is reportedly in negotiations to acquire Sun, which itself has announced plans to cut its work force by up to 6,000 employees.

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