IBM to shed 1,000 jobs, reports say

Summary:Up to 1,000 jobs are set to go at IBM in the US and Canada, according to reports

IBM is letting go of more than 1,000 workers across the US and Canada, according to a Bloomberg report on Tuesday.

IBM HQ

Up to 1,000 jobs are set to go at IBM in the US and Canada, according to reports. Image credit: IBM

Another report from Information Week, also published on Tuesday, suggests the number of cuts is closer to 800. However, IBM has refrained from announcing an official number.

Most of the job cuts are said to have been within the US — especially the Global Technology Services outsourcing unit. On Monday, IBM was said to have cut more than 250 jobs across the US already.

IBM spokesman Doug Shelton told Bloomberg that the layoffs will enable IBM to "remain competitive and relevant in an industry that is constantly changing".

For more on this ZDNet UK-selected story, see Report: IBM cutting over 1,000 jobs on ZDNet.com.


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Topics: IT Employment

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Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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