IBM Layoffs 2010
IBM Layoffs 2010 – IBM layoffs in 2010 are expected, as rumors of layoffs are circulating around the company with concrete information expected Monday.
At IBM, layoffs are referred to as ‘resource action’; employees call it ‘being RA’d’. IBM employs over 10,000 people at its RTP campus, the largest center of IBM.
News of the layoffs comes after IBM released its 2009 earnings of $13.4 billion dollars, with IBM shares trading at $127.16. Last year, IBM announced record profits and then released 5,000 employees the very next day.
It’s been reported that IBM has cut more than 30,000 U.S.-based employees in the last four years.
IBM Layoffs 2010
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