The Student Newspaper of Glendale Community College

El Vaquero

The Student Newspaper of Glendale Community College

El Vaquero

The Student Newspaper of Glendale Community College

El Vaquero

IBM Corp. Confirms Plans to Cut 15,000 Employees

NEW YORK – After months of surreptitious layoff notices, technology giant IBM Corp. revealed that it is in the process of cutting more than 15,600 jobs, or 5 percent of its work force.

The total layoff figures, which IBM never announced publicly, appeared in a Tuesday filing with the federal Securities and Exchange Commission.

Story continues below advertisement
Activate Search
The Student Newspaper of Glendale Community College
IBM Corp. Confirms Plans to Cut 15,000 Employees