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Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110K
Daily Mail ^ | 1/26/15 | Thomas Burrows
Posted on January 26, 2015 at 6:41:54 PM EST by Libloather
Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110,000 of its 430,000 workforce around the world
IBM is preparing to scrap 110,000 of its global 430,000 workforce in the biggest corporate cull in the computer giant's history, a report has revealed.
The company will make the job cuts this week under a plan known internally as 'project chrome', according to US technology blogger Robert Cringely on Forbes website.
IBM is in the process of layoffs, as disclosed in its latest earnings report last week but said the number of job losses was significantly fewer than had been claimed.
(Excerpt) Read more at dailymail.co.uk ...
TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: business; corporate; economy; history; ibm; workforce
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1 posted on January 26, 2015 at 6:41:54 PM EST by Libloather
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To: Libloather
Big Blue is about to become Big Pink Slip.
2 posted on January 26, 2015 at 6:44:34 PM EST by VanDeKoik
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To: Libloather
Hope and change, mofo.... Each and every single o voter who gets laid off deserves Soooooooooooooooooooooo much. Suffer, you sub human pig filth c-ssers...
3 posted on January 26, 2015 at 6:45:15 PM EST by Doctor 2Brains
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To: Libloather
“You didn’t lay that!”
4 posted on January 26, 2015 at 6:45:18 PM EST by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Libloather
The Lotus Notes/Domino division will somehow stay alive.
5 posted on January 26, 2015 at 6:45:57 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: Libloather
....Off...
6 posted on January 26, 2015 at 6:46:18 PM EST by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Libloather
Will still be a big company but the fact they had to lay off that many people at once suggests that the company was not being managed properly. The ones in charge should put their own names on top of this list.
7 posted on January 26, 2015 at 6:46:19 PM EST by SamAdams76
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To: Libloather
2015 is going to be a year of reckoning.
8 posted on January 26, 2015 at 6:46:43 PM EST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: Libloather
I’ve Been Moved.
takes on a whole new and serious meaning.
9 posted on January 26, 2015 at 6:46:46 PM EST by Responsibility2nd (See Ya On The Road; Al Baby's Mom!)
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To: Libloather
Wow.
10 posted on January 26, 2015 at 6:48:18 PM EST by FatherofFive (Islam is evil and must be eradicated)
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To: Libloather
Thanks liberals!
11 posted on January 26, 2015 at 6:49:00 PM EST by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: Libloather
So how many people does Obama need to drop out of the labor force entirely to offset this?
12 posted on January 26, 2015 at 6:50:27 PM EST by sphinx
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To: Libloather
Let’s wait and see. Could be making this announcement just to boost stock prices and then all of a sudden they’ll only need to lay off half that number.
13 posted on January 26, 2015 at 6:50:49 PM EST by raybbr (Obamacare needs a death panel.)
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To: SkyPilot
B T T T ! ! ! ©
14 posted on January 26, 2015 at 6:51:00 PM EST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: Libloather
Obummer will finish with lower ratings than ANY Prez in US history, if there is still a US.
15 posted on January 26, 2015 at 6:51:27 PM EST by gaijin
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To: Libloather
Once again, I read it in the foreign press first.
16 posted on January 26, 2015 at 6:51:30 PM EST by Steve_Seattle
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To: Libloather
Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110,000 of its 430,000 workforce around the world
PFL
17 posted on January 26, 2015 at 6:52:56 PM EST by Alex Murphy ("the defacto Leader of the FR Calvinist Protestant Brigades")
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To: Libloather
Not to worry....they can get a good job at McDonalds making minimum, and shortly Obama will raise it to $10 so they can raise a family.
18 posted on January 26, 2015 at 6:54:25 PM EST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: Libloather
best wishes to good ones laid off in this environment.
19 posted on January 26, 2015 at 6:55:40 PM EST by Palio di Siena
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To: Libloather
What proportion of their workforce is still in the US? I don’t think they have many actual worker bees left here.
Naturally, there is headquarters, but you can’t very well scrap finance and HR completely, far less the executive suite.
20 posted on January 26, 2015 at 6:57:49 PM EST by proxy_user
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To: Palio di Siena
The H1Bs will no doubt be spared. After the bloodletting, how many more will “magically” appear and be immediately needed?
21 posted on January 26, 2015 at 6:59:14 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: Libloather
http://money.cnn.com/2015/01/26/technology/ibm-layoffs/IBM is denying, but does say there will be some. I think Bloomberg says 10K
22 posted on January 26, 2015 at 7:00:14 PM EST by NoNAIS (Yet another Government program not needed.)
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To: wally_bert
The Lotus Notes/Domino division will somehow stay alive.
Maybe they can use that knowledge in their new jobs at Mickey D's.
BTW. Worked one day for them and resigned.
23 posted on January 26, 2015 at 7:03:18 PM EST by Texicanus (Texas, it's like a whole 'nother country.)
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To: Libloather
ABCNBCCBSCNNMSLSDNYTLAT reporting this in 3...2...1...
24 posted on January 26, 2015 at 7:04:56 PM EST by PROCON (Always give 100%---unless you're donating blood.)
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To: Texicanus
IBM or MickeyD’s?
25 posted on January 26, 2015 at 7:05:47 PM EST by JohnnyP
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To: Libloather
Very interesting the whack a mole, er, IBMer is called Project Chrome.
Is it named after Google’s Chrome which may be eating IE’s lunch.
26 posted on January 26, 2015 at 7:06:20 PM EST by Grampa Dave (Will French, German & Belgians make anti-terror raids on our White House, AG Dept and Homeland Sec.?)
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To: Libloather
One would think IBM could sell lot of these at $2500 a copy.
27 posted on January 26, 2015 at 7:07:42 PM EST by Oliviaforever
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To: Libloather
25% of the workforce?
A minor blip on the road to a thriving economy /s
28 posted on January 26, 2015 at 7:07:46 PM EST by mylife
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To: proxy_user
Burlington Vermont is still a big operation. Fishkill ny is a ghost town.
29 posted on January 26, 2015 at 7:07:47 PM EST by outpostinmass2
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To: wally_bert
Is Lotus Notes still around?
30 posted on January 26, 2015 at 7:08:11 PM EST by BwanaNdege
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To: Texicanus
Mixing Lotus Notes and fast food could not end well.....
Imagine running a cash register with a Notes mentality. Replication, location management, corrupt or missing ID file, bad .INI’s, local versus network, turn on different advanced menus to every common function. The list of disasters is endless.
31 posted on January 26, 2015 at 7:08:52 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: VanDeKoik
The good news is that the unemployment numbers will go down!
32 posted on January 26, 2015 at 7:09:09 PM EST by rwoodward ("god, guns and more ammo")
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To: onyx
Thank God in Heaven, I started a new job today after a year of no income.
33 posted on January 26, 2015 at 7:09:15 PM EST by mylife
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To: sphinx
So how many people does Obama need to drop out of the labor force entirely to offset this?
zer0 will but them all on welfare so it doesn't show up on the unemployment stats.
34 posted on January 26, 2015 at 7:09:24 PM EST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Oliviaforever
They revolutionized the world.
For a while.
35 posted on January 26, 2015 at 7:11:29 PM EST by mylife
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To: BwanaNdege
In my case very much but it’s days are numbered.
Notes on citrix clients isn’t too bad but on a laptop with all the custom modifications to make it work is often another story.
Supporting notes has been an eye opening experience. Nothing I’ve run into begins to compare to it in terms of being awful and seemingly badly designed and made worse.
36 posted on January 26, 2015 at 7:12:26 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: Libloather
“The Crisis is Over.”
37 posted on January 26, 2015 at 7:15:38 PM EST by Varsity Flight (Extortion-Care is is the Government Work-Camp: Arbeitsziehungslager)
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To: outpostinmass2
Burlington Vermont is still a big operation. Fishkill ny is a ghost town.
Both sites were sold to GlobalFoundries. They are waiting regulatory approval for the deal to be final. I work at BTV and can't wait for the deal to go through.
38 posted on January 26, 2015 at 7:15:55 PM EST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: wally_bert
No matter what anyone thinks of Microsoft, EXCEL is fantastic.
Power to the people!
39 posted on January 26, 2015 at 7:16:06 PM EST by mylife
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To: mylife
I have to give Excel it’s due. It is a really great piece of software. I wished I was an Excel guru but I work around a few.
40 posted on January 26, 2015 at 7:17:10 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: wally_bert
I spent a few months back about 1997 working on becoming a Notes programmer. Thankfully, our Engineering Services department had a better offer for me.
41 posted on January 26, 2015 at 7:17:58 PM EST by BwanaNdege
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To: wally_bert
It is such a powerful tool.
OMG!
42 posted on January 26, 2015 at 7:18:28 PM EST by mylife
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To: wally_bert
http://en.wikipedia.org/wiki/Pivot_table43 posted on January 26, 2015 at 7:21:33 PM EST by mylife
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To: JohnnyP
IBM...Showed up for work in Dallas, was told to take next flight to Atlanta. Showed them the “no travel” clause in my employment contract and told them KMA.
Best decision I ever made. Made a very good living fixing their H-1B visa guy’s screw-ups. And didn’t have to teach or train any H-1B visa guys either.
Other than that, IBM software and applications been very very good for my career.
Mickey D’s, never worked for them, but I learned to sprechen sie Tex-Mex there.
44 posted on January 26, 2015 at 7:23:21 PM EST by Texicanus (Texas, it's like a whole 'nother country.)
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To: Libloather
This must be what is driving the Kenyan’s Gallup Approval numbers up over 50%.
45 posted on January 26, 2015 at 7:24:44 PM EST by FlingWingFlyer (When the hell do I get MY white privilege? I'm tired of busting my @$$ for a living.)
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To: BwanaNdege
My company uses it exclusively. The databases are huge and we must access them on and off-line.
46 posted on January 26, 2015 at 7:24:48 PM EST by eyedigress
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To: BwanaNdege
“Is Lotus Notes still around?”
You won’t believe this .. I use a spreadsheet that’s 22 years old and yes it was made for Windows. Installed in 1993. Launch it daily to do my simple business accounting.
Anyone want to venture a guess? Made by Borland.
47 posted on January 26, 2015 at 7:26:41 PM EST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: mylife
EXCEL is great especially working with Apache POI to programmatically manipulate spreadsheets.
48 posted on January 26, 2015 at 7:27:06 PM EST by dfwgator
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To: outpostinmass2
As is Endicott, NY.
49 posted on January 26, 2015 at 7:31:01 PM EST by Arm_Bears (Rope. Tree. Politician. Some assembly required.)
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