IBM Australia mulls 800 job cuts – IBM Layoffs 2010
Category Business | Tuesday, December 8th, 2009
IBM Layoffs 2010
All but government business could go offshore.
More than 800 local jobs could be cut as IBM Australia considers moving its business offshore.
According to the Australian Services Union (ASU), workers have been told that IBM may service all its customers besides the Federal Government from “low cost centres” in India and China.
Managers were informed on Wednesday that the job cuts would occur in the coming months, a source told iTnews.
And while workers were not told which jobs would be affected, they were advised to “read between the lines” and prepare their CVs.
International Business Machines (NYSE:IBM), the world’s largest computer-service provider, cut approximately 500 workers in the US and that amount may rise, according to a Bloomberg report that cited employee advocate Alliance@IBM.
The report indicated that cuts are taking place across a number of divisions and geographic regions.
The workforce reductions comes in the wake of the 10,400 job cuts it made in 2009.
Bloomberg, citing two unnamed sources familiar with the plans, said that the costs associated with the cuts would be about the same this year as it was in the past two years.
IBM reported approximately $474 million in costs stemming from global workforce reductions last year and $737 million in 2008.