IBM
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Recession Lexicon: Outshipped
When your company lets you keep your job, but ships you to a developing country.
IBM has a new approach to laying off workers: Hang on to your job, but move to India. After pinkslipping thousands, Big Blue is telling American employees that they can have a job, but must export themselves to India, where they’ll receive…
Screwed: 4,800 at IBM
A daily review of the employment fallout around the country.
IBM continues to quietly lay off more than 4,800 workers…Fidelity starts second round of reductions…Martin Petroleum files layoff notice, just in case…Fresno County announces layoffs and other changes…
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