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IBM layoffs hit Canada, Europe, Australia

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Staff writer ▼ | April 5, 2016
A wave of job cuts hit IBM's Canada locations in Toronto and Ontario, following on cuts that happened in Europe and Australia in recent weeks.
IBM
Technology   About 900 IBM staff members are expected to be cut in Germany
About 900 staff members are expected to be cut in Germany, Jessica Davis writes for InformationWeek.

Most cuts are expected to come earlier in the year rather than later, according the report from financial analyst firm Berstein, and many of those jobs will be moving to less expensive offshore labor markets, the firm said.

WatchingIBM, a Facebook page that tracks IBM's job cuts, shared the news about these new rounds of cuts, which were reported to the page by affected employees, by unions, and by governments in countries that require corporations to report actual layoff numbers.

Group founder and former IBM employee Lee Conrad spoke with InformationWeek about the news.

Conrad said that the hardest hit business units are Global Technology Services and Global Business Services, and Software.

"There's a big shakeup going on inside of IBM, and they are changing their whole operating model," he told InformationWeek. "Over the last couple years these job cuts have been relentless. It's become such a dismal existence for employees."

Read the whole story here.


 

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