IBM on Monday cut more than 1,200 jobs in North America, according to a labor union that’s attempting to represent Big Blue employees.
“It’s clear IBM is moving work offshore at a record rate,” Lee Conrad, national field coordinator ofAlliance@IBM, told the News & Observer in North Carolina’s Research Triangle.
IBM employees have never been immune to the threat of cuts. Alliance@IBM – the Communications Workers of America’s national organizing campaign – says the company laid off more than 10,000 people last year alone as it outsourced a lot of jobs overseas. It turns out the move was good for business as the computer giant reported a $13.4 billion profit, a record for the company – not bad considering the lousy economy.
IBM has a policy of not commenting about job cuts, but Alliance@IBM says the cuts are being reported throughout the U.S. and Canada. If these layoffs are similar to previous cuts, employees will get several weeks notice as well as a severance package.