23 IBM explains massive job cuts...The company says its move is a result of asset sales rather than a sign of weakness in its business...The announcement came on Wednesday during a conference call when the company revealed it will cut 3,900 jobs or about 1.5% of its employees worldwide. (www.rt.com) posted 1 year ago by Taffy333 1 year ago by Taffy333 +23 / -0 IBM explains massive job cuts IBM has become the latest tech giant to announce massive job cuts amid rising concerns over gloomy global economic outlook 1 comment share 1 comment share save hide report block hide replies
Selling assets to foreign enemies is worse news than just “right-sizing”.