Thursday, 26 March 2009

IBM to fire 5,000 – and ‘hire’ 45,000 – or even 78,000?

(By Anthony Miller – Thursday, 26th March 2009 8:00am). According to today’s FT (see here) IBM is to lay off 5,000 staff in its US operations, many from Global Services. The media is also buzzing with stories that IBM has indeed thrown its hat into the ring to take control of Satyam, using a law firm to register its interest. Satyam used to have some 52,000 employees but more recent speculation puts the number nearer 45,000. Meanwhile, it’s all quiet on the Sun front, so to speak. Should that deal materialise, there’s another potential 33,000 FTEs to add to IBM’s payroll – well, in the short term, anyway!

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