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October 28, 2006

IBM, US lay off 400 employees

Are you aware of the recent lay-off of the employees of IBM? Do you know that their headquarters for procurement in going overseas to china from the current one at New York?

The shocking news about the lay-off of 400 employees from IBM came up at the wake of this month! The company has accounted the unavailability of suitable position within the company for a period of a month as the reason for this lay-off.

Informationweek reports that the employees suspect the lay-off to have taken place with the Bladecenter team while an IBM spokesperson has denied saying that this suspicion was untrue.

Read one of our previous post titled 'IBM Outsourcing More Jobs' to know the details of work being outsourced by IBM!

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